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Summary | Profile

Country profile: Sweden

Location: Northern Europe, bordering the Baltic Sea, Gulf of Bothnia, Kattegat, and Skagerrak, between Finland and Norway
Climate: temperate in south with cold, cloudy winters and cool, partly cloudy summers; subarctic in north
Terrain: mostly flat or gently rolling lowlands; mountains in west
Size: 449964 sq. km total (Land area: 410934 sq. km  Water area: 39030 sq.km)
Population: 9,045,389 (July 2008 est.)
Languages: Swedish, small Sami- and Finnish-speaking minorities
Government: constitutional monarchy
Capital city: Stockholm
Legal system: civil law system influenced by customary law; accepts compulsory ICJ jurisdiction with reservations
Currency: Swedish krona (SEK)
Licensing:

Country profile

A military power during the 17th century, Sweden has not participated in any war in almost two centuries. An armed neutrality was preserved in both World Wars. Sweden's long-successful economic formula of a capitalist system interlarded with substantial welfare elements was challenged in the 1990s by high unemployment and in 2000-02 by the global economic downturn, but fiscal discipline over the past several years has allowed the country to weather economic vagaries.

Sweden joined the EU in 1995, but the public rejected the introduction of the euro in a 2003 referendum.

Energy production and consumption


Oil Gas
Production: 2,350 bbl/day (2005 est.)  
Consumption: 363,200 bbl/day (2005 est.) 893 million cu m (2005 est.)
Exports: 231,100 bbl/day (2005 est.)  
Imports: 580,600 bbl/day (2005 est.) 893 million cu m (2005 est.)
Reserves: NaN   
Major fields:



Sweden - recent news

17 Jul 26
Sweden: EnBW signs agreement on the sale of its Swedish renewables platform
EnBW Energie Baden-Württemberg AG and Eurowind Energy A/S have signed an agreement on the sale of EnBW’s Swedish wind power and solar operations. The transaction primarily comprises onshore wind farms with a total capacity of around 120 megawatts, as well as a significant renewables development pipeline.
15 Jun 26
Sweden: E.ON selects Capsol for carbon capture feasibility study in Norrköping
Capsol Technologies has been awarded a feasibility study by E.ON to evaluate carbon capture solutions for E.ON's biomass and waste-to-energy operations in Norrköping, Sweden.
09 Jun 26
Sweden: Bilfinger to deliver major district heating accumulator for E.ON in Sweden – reducing emissions by up to 50 percent
International industrial services provider Bilfinger has been awarded a contract by E.ON to deliver a large-scale district heating accumulator for the city of Malmö. With a height of approx. 70 meters and a storage capacity of around 2,400 MWh, the facility represents the largest single investment in district heating in the city in many years.
21 May 26
Sweden: Vattenfall inaugurates Bruzaholm wind farm
Vattenfall has inaugurated the onshore wind farm Bruzaholm onshore wind farm – an important addition of fossil-free electricity production for the electrification and competitiveness of industry in southern Sweden, as well as for households and businesses in the region. Vattenfall has signed a long-term power purchase agreement with AB Volvo, where approx. 50 per cent of the production from Bruzaholm has been allocated.
11 May 26
Sweden: Hexicon acquires the remaining shares in Mareld Green Energy and becomes sole owner
Hexicon has entered into an agreement to acquire the remaining 50 percent of the shares in Mareld Green Energy from its joint venture partner Mainstream Renewable Power. Following the transaction, Hexicon will own 100 per cent of Mareld Green Energy. Through the acquisition, Hexicon will take full ownership and control of Mareld, a strategically important project in the company’s Swedish offshore wind portfolio.

Sweden - more news

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