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
| 18 Jul 24 |
Sweden: Octopus Renewables announces sale of Swedish onshore wind farm Octopus Renewables Infrastructure Trust has announced that, as part of its capital recycling programme, it has entered into a conditional agreement to sell the Ljungbyholm onshore wind farm in Sweden to a German institutional investor for total consideration of approx. €74 million. |
| 13 Jun 24 |
Sweden: 2.5 GW Mareld floating offshore wind farm in Sweden receives positive recommendation from County Board The County Administrative Board of Västra Götaland has proposed that the Government approve Freja Offshore’s application to build the Mareld floating offshore wind farm, subject to certain adaptations. Freja Offshore is a 50-50 joint venture between Mainstream Renewable Power (an Aker Horizons company) and Swedish company Hexicon. |
| 03 Jun 24 |
Sweden: Aurora Wind Farm offshore Sweden gets green light The County Administrative Board of Gotland has decided to recommend the Government grant a permit for the offshore wind farm Aurora developed by OX2 and Ingka Investments. |
| 22 Apr 24 |
Sweden: European Energy starts construction of Sweden’s first large-scale hybrid wind and solar farm European Energy has started constructing Sweden’s first large-scale hybrid park in Skåramåla in the municipality of Tingsryd, where the existing wind farm is supplemented by a solar park. By co-locating the plants, the land is used more optimally, and the electricity can be fed out via the same grid connection. |
| 28 Mar 24 |
Sweden: Eolus has made investment decision for three onshore wind power projects in Sweden Eolus has made an investment decision for the wind power projects Fågelås, Boarp and Dållebo in Sweden totaling 88 MW. A turbine supply agreement has been signed with Vestas and construction will start immediately. |
Sweden - more news
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