Sweden, Norway task force aims to cut electricity prices in Nordic region
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Loading... - Sara Wright
- 06 Sep 2022
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Sweden and Norway announced that they were ready to launch a joint task force aimed at reining in the soaring electricity costs in the Nordic region.
The decision was announced following a meeting between Swedish and Norwegian ministers in Stockholm, Xinhua news agency reported.
"Together with the Norwegian government, the [Swedish] government initiates a task force for the Nordic countries regarding the development of the market model," Swedish Minister for Energy and Digital Development Khashayar Farmanbar said in a press release.
He said the two countries are joining forces to ensure secure access to electricity and low prices in the Nordic region. "We want to find common solutions to common problems."
According to the Swedish government, Denmark and Finland will also be invited to join the task force, to seek "solutions and models that ensure a functioning electricity market that can provide lower electricity prices for households and businesses and thus economic growth." Read More…
