The change, which aims to create a more balanced electricity distribution and pricing between the Nordic countries and the rest of Europe, has already proved to be a major blow to Swedish households, especially in northern Sweden.
Test runs by Svenska kraftnät point to an average price increase of 10%, but a report by energy company Fortum warns that prices could rise even more on cold winter days. According to the report, the price of electricity is predicted to rise up to SEK 8 per kWh - a sharp increase from the previous SEK 3 per kWh.
Electricity prices can be up to three times higher
With rising electricity prices, many companies face the challenge of adapting their operations to maintain profitability and promote sustainability.
With the new electricity structure in Sweden, it is clear that companies investing in green energy and efficient energy solutions will be stronger in the future.
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