Renewable Energy And Clean technology Sector

An Expert's View about Renewable Energy in Sweden

Posted on: 28 Dec 2012

In 2011 approximately 50% of Sweden’s electricity was generated from renewable energy sources such as hydropower, wind power and thermal power produced with biomass fuels.

Renewable Energy And Clean technology Sector In Sweden Sweden is a global leader in the clean technology industries and offers opportunities for UK businesses across numerous technology fields such as bio energy, wind and solar power, bio fuels, heating and cooling, waste and recycling Market overview In 2011 approximately 50% of Sweden’s electricity was generated from renewable energy sources such as hydropower, wind power and thermal power produced with biomass fuels. Sweden is an excellent location for developing, testing and launching new clean tech products due to its innovative business climate and rapid technology adaption. There is a constant demand for environmental engineering expertise to meet the requirements of the heavy engineering companies operating within the renewable energy sectors in Sweden. Key opportunities Waste to Energy Market ξ Significant trade opportunities for UK waste management companies looking to export waste to Swedish CHP plants for electricity/heat generation. A number of Swedish waste to energy plants already import waste from outside of Sweden, due to insufficient supply in country. The Swedish Wind Power Market ξ Sweden has a targeted wind output target of 30 TWh by 2020 and in order to achieve this roughly 5,000 new wind turbines will have to be installed, representing investment opportunities of around 15 billion EUROs. The expansion of the Swedish wind market will generate trade opportunities for UK companies to export products/services connected to the building of new wind farms across the country. In the short term most opportunities for British companies will be in the onshore wind business. However, in the medium to long term there will also be potential in the offshore and small wind sectors. Latest export opportunities in the Energy sector Latest export opportunities in the Renewable Energy sector Latest export opportunities in Sweden Getting into the market European business practises and standards generally apply. Setting up a business in Sweden is a straightforward process. Procedures are simple and efficient, based on a transparent system that seeks to facilitate formation of new enterprises. The most commonly chosen legal form by foreign investors is the limited liability company. Generally speaking, no operating licenses are required to conduct business in Sweden. There are exceptions for specific areas however. UKTI Sweden can provide support and information throughout this process. More about doing business in Sweden Contacts Market intelligence is critical when doing business overseas, and UKTI can provide bespoke market research and support during overseas visits though our chargeable Overseas Market Introduction Service (OMIS). To commission research or for general advice about the market, get in touch with our specialists in country - or contact your local international trade team. ξ Daniel Nutley, British Embassy Stockholm. Tel: +46 (0) 8 671 3023 or email: daniel.nutley2@fco.gov.uk Contact your local international trade team UKTI Events UKTI runs a range of events for exporters, including seminars in the UK, trade missions to overseas markets and support for attendance at overseas trade shows. Latest events in the Energy sector Latest events in the Renewable Energy sector Major Events Winterwind International Wind Energy Conference Date: 12 – 13 February 2013 Website: www.winterwind.se World Bioenergy 2014 Date: 3 – 5 June 2014 Website: www.elmia.se/en/worldbioenergy/ Useful links More about OMIS and other UKTI services for exporters
Posted: 28 December 2012

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