Sweden to reach its 2030 renewable energy target this year

Sweden SDGs 2018

Mr Stefan LOFVEN, Swedish Prime Minister. Shoot location: Bruxelles – BELGIUM Shoot date: 29/06/2018 Copyright: European Union

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum.

Author: Alex Gray, Formative Content

Sweden is on target to meet one of its renewable energy targets years ahead of schedule, and it’s thanks in part to wind turbines.

In 2012, Norway and Sweden reached a joint agreement to increase their production of electricity from renewable energy sources by 28.4 terawatt hours (TWh) by 2020.

Sweden then increased its target, with the aim of adding another 18 TWh by 2030.

Taking into account the number of wind turbines already built, plus planned wind turbine investments for the remainder of the year, Sweden is on track to hit its 2030 target – possibly by the end of the year.

Sweden’s energy target

Image: Swedish Energy Association

By the end of 2018, Sweden will have installed 3,681 turbines, with a capacity of 7,506 MW and an estimated annual production of 19.8 TWh.

“After the decision on the increase in ambition was reached, a lot of investment decisions have been taken and many wind turbines are set to be completed in the upcoming years,” Markus​ Selin, analyst at the Swedish Energy Agency, told the World Economic Forum.

According to the Agency, the ambitious targets set for renewables production are now well within reach.

“15.2 TWh of renewable energy projects are in construction today, of which 11.6 TWh is wind power,” he added.

“The joint goal of 28.4 TWh will be exceeded by about 10 TWh. This leaves about 8.7 TWh of the Swedish ambition increase of 18 TWh.”

Energy goals

Sweden has ambitious goals for energy and climate adaptation. It has set a target of 50% more efficient energy use by 2030, and 100% renewable energy production by 2040.

It also has a target of net zero emissions of greenhouse gases by 2045.

As part of the Paris Agreement on Climate Change, the EU set a renewable energy directive that sets a binding target of 20% final energy consumption from renewable sources by 2020.

The vast majority of EU countries are well on track to reach their 2020 binding targets for renewable energy.

The global picture

Since 2010, global installed renewables capacity has been increasing steadily at about 8 to 9% annually, which is more than double the average growth for non-renewables.

In 2017 alone, an additional 167 GW of renewable capacity was installed globally. That is enough to power a country the size of Brazil. The biggest increases were seen in wind and solar.

Asia has seen the fastest rise in renewables in recent years, and now accounts for over 42% of global renewable capacity.

the sting Milestones

Featured Stings

Can we feed everyone without unleashing disaster? Read on

These campaigners want to give a quarter of the UK back to nature

How to build a more resilient and inclusive global system

Stopping antimicrobial resistance would cost just USD 2 per person a year

UN refugee agency presses States to aid 49 refugees stranded on Mediterranean

The impossible end of the war in Syria

UN blue helmets in South Sudan use Sustainable Development Goals to help build peace

If on a summer’s night: is UK businesses’ “new deal” the only key to the “best of all worlds”?

Independent UN rights expert calls for compassion, not sanctions on Venezuela

Technology as an inclusion method while facing the COVID-19 pandemic: the “Coronavirus-SUS” app

Education in Emergencies: EU announces record humanitarian funding for 2019 and launches #RaiseYourPencil Campaign

What slums can teach us about building the cities of the future

Turkey: Commission continues humanitarian support for refugees

10 predictions for the global economy in 2019

The world’s most expensive places to own a home

UN chief welcomes formation of unity government in Madagascar

2019 EU Budget: Commission proposes a budget focused on continuity and delivery – for growth, solidarity, security

The technologies – and thoughtful collaborations – that can build resilience in the food system after COVID-19

Agreement reached on new EU Solidarity Corps

EU job-search aid worth €9.9m for 1,858 former Air France workers

EU to spend €135.5 billion in 2014 or 6.5% less than this year

The new general election will secure Greece’s position in Eurozone; at least for some time

UN Environment Assembly 2017: where the world convenes to #BeatPollution

India’s economy is growing fast, but its poorest areas lag behind. Here’s why this could be about to change

Greener economies and investment to reduce unemployment and increase global growth

Bringing justice to the people: how the UN is helping communities deal with disputes in remote and dangerous areas

Coronavirus: EU supports Member States with transport of essential supplies

The European Youth raises their voices this week in Brussels at Yo!Fest 2015

State aid: Commission approves €380 million German rescue aid to Condor

Are we at a turning point for tackling online extremism?

‘Harmonized’ plan launched to support millions of Venezuelan refugees and migrants

UN ‘regrets’ new US position on legality of Israeli settlements

Niger population’s suffering ‘increasing with each passing month’: UN Refugee Agency

Why the future for cars is connected

EU and World Health Organisation team up to boost access to health services in developing countries

Mobile technology: health in your hands

Venezuela’s needs ‘significant and growing’ UN humanitarian chief warns Security Council, as ‘unparalleled’ exodus continues

Global Citizen-Volunteer Internships

Open, inclusive and diverse cities are better for business and economic growth

The EU seals CETA but plans to re-baptise TTIP after missing the 2016 deadline

Drought in Europe: Commission presents additional measures to support farmers

Austria: reforms will be necessary to uphold high well-being levels

EU Budget 2019 deal: EP boosts support for researchers and the young

Global aid needed for healthcare

EU plans to exploit the Mediterranean Sea and the wealth beneath it

The future of energy is being shaped in Asia

How public transportation provides key lifelines during COVID-19

One Day in Beijing

Does the West play the Syrian game in Egypt?

These are the top 10 emerging technologies of 2019

Reckless Prescriptions: Lunatic Ideas Put By Great People Are Genius

High-technology manufacturing saves the EU industry

Agreement reached on screening of foreign direct investment for EU security

Politics is failing to protect the Amazon. It’s time for finance to step up instead

Mergers: Commission opens in-depth investigation into proposed acquisition of GRAIL by Illumina

Almost there: Equal healthcare for LGBTQI+

EU Commission and ECB rebuff Germany on the Banking Union

This Belgian start-up allows anyone to become an urban farmer

5 surprising ways to reuse coffee grounds

Is your smart home as safe as you think?

A Sting Exclusive: “The competitiveness of Europe depends on a digital single market”, EPP President Joseph Daul highlights live from European Business Summit 2015

How industrialisation could future-proof MENA’s Gulf economies

How the future of computing can make or break the AI revolution

Integration of migrants: Commission launches a public consultation and call for an expert group on the views of migrants

More Stings?

Trackbacks

  1. […] Sweden to reach its 2030 renewable energy target this year […]

Speak your Mind Here

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s