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Swedish interim GO update May

Wednesday, 16 May 2018

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The above graph shows transactions for the first half of May 2018 compared to transactions during the entire month of May 2017.

Transaction breakdown

During the first half of May this year a total of 4.1 TWh were issued in Sweden. This is 310% more than during the whole month of May 2017. The large increase may partly be explained by the long winter causing a delayed onset of snow melting. Additionally, with 40% of electricity generated by nuclear and 10% by wind, Sweden’s electricity generation is more inflexible compared to that of Norway. Thus, a sustained surplus of electricity cannot be as effectively absorbed meaning more is likely to be exported.

0.7 TWh were imported so far in May, this is just 18% of the imported volume in May last year. Preliminary numbers for exports remain low at 0.3 TWh, approx. 36% of expor...

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