Sweden has set a target of 50% more efficient energy use by 2030, and 100% renewable energy production by 2040. Our impact Explore the latest strategic trends, research and analysis Sweden is on target to meet one of its renewable energy targets years ahead of schedule, and it’s thanks in part to wind turbines. In 2012, Norway and Sweden reached a joint agreement to increase their production of electricity from renewable energy sources by 28.4 terawatt hours (TWh) by 2020. Taking into account the number of wind turbines already built, plus planned wind turbine investments for the remainder of the year, Sweden is on track to hit its 2030 target – possibly by the end of the year. By the end of 2018, Sweden will have installed 3,681 turbines, with a capacity of 7,506 MW and an estimated annual production of 19.8 TWh. “After the decision on the increase in ambition was reached, a lot of investment decisions have been taken and many wind turbines are set to be completed in the upcoming years,” Markus​ Selin, analyst at the Swedish Energy Agency, told the World Economic Forum. According to the Agency, the ambitious targets set for renewables production are […]

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