New Swedish forecast: Wind power could compete with nuclear power in three to four years

Wind power will be as large a power producer as nuclear power within three to four years, according to new forecasts from Swedish Wind Energy.

Last year, wind power accounted for 17% of Sweden’s electricity production, which corresponds to almost 28 TWh (terrawatt hours). 

Nuclear power is still the largest, with a production of 47.7 TWh, according to figures from a number of energy companies.

Now the use of wind power is increasing, and this energy source will probably be as large a power producer as nuclear power in a few years, according to Swedish Wind Energy.

However, that does not mean that it will be more profitable initially, Swedish Wind Energy’s analyst Daniel Kulin noted. 

Sweden usually has a large electricity surplus each year.

Source: © NTB Scanpix / #Norway Today / #NorwayTodayFinance

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