Europe / Caspian / CIS
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
| 13 Oct 26 |
Sweden/Finland: Ardian Clean Energy Evergreen Fund (ACEEF) expands Nordics portfolio Ardian, a global private investment firm, has announced the acquisition through its wholly-owned local platform, Enordic Evergreen, of a 73.2MW portfolio of wind farm projects located in Sweden and Finland from an investment vehicle managed by German asset manager, KGAL. |
| 29 Sep 26 |
Sweden: Hydro to receive EUR 28 million compensation following wind farm sale Hydro agreed in 2025 to a future settlement related to the long-term power purchase agreement (PPA) with the Swedish wind farm Cloud Snurran AB. An agreement to sell the wind park has now been entered into and Hydro expects to receive its settlement compensation following the sale. |
| 23 Sep 26 |
Sweden: Vestas wins first order with new V182-7.2 MW turbine for project in Sweden, confirming market-readiness of Vestas’ latest turbine Vestas has secured a firm order with SR Energy in Sweden for the newly launched V182-7.2 MW turbine, marking the first order globally for the turbine only a day after its official launch to the market. The order highlights that the V182-7.2 MW is ready for the market and demonstrates strong market interest in the latest evolution of the EnVentus platform, designed to increase energy production and strengthen business case certainty for customers. |
| 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. |
Sweden - more news
Other countries in this region
- Afghanistan,
- Albania,
- Armenia,
- Austria,
- Azerbaijan,
- Belarus,
- Belgium,
- Bosnia and Herzegovina,
- Bulgaria,
- Croatia,
- Cyprus,
- Czech Republic,
- Denmark,
- Estonia,
- Faroe Islands,
- Finland,
- France,
- Georgia,
- Germany,
- Greece,
- Greenland,
- Hungary,
- Iceland,
- Ireland,
- Italy,
- Kazakhstan,
- Kyrgyzstan,
- Latvia,
- Lithuania,
- Luxembourg,
- Malta,
- Moldova,
- Montenegro,
- Netherlands,
- Norway,
- Poland,
- Portugal,
- Romania,
- Russia,
- Serbia,
- Slovakia,
- Slovenia,
- Spain,
- Switzerland,
- Tajikistan,
- Tatarstan,
- Turkey,
- Turkmenistan,
- Ukraine,
- United Kingdom,
- Uzbekistan
