Swedish strategic reserve to support security of electricity supply approved
The Commission has approved, under Article 107(3)(c) TFEU and the CEEAG, a EUR 300 million Swedish measure establishing a strategic electricity reserve to safeguard security of supply in emergency situations. The reserve, in place until 2035, constitutes a capacity mechanism designed to ensure adequate electricity supply in scarcity events, particularly during winter months.
The scheme will be open to generation, storage and demand‑side response projects capable of contributing to security of supply. Generation and storage units will provide additional capacity, while demand‑response units will commit to reducing consumption at peak times. Eligibility is conditional on compliance with the CO₂ emission limits of the EU Electricity Regulation. Beneficiaries will be selected through a transparent, non‑discriminatory competitive bidding process, based on the amount of aid requested per MW of capacity and the response time in scarcity events.
The non-confidential version of the decision will be published under case number SA.112968.
For more information, see the Commission’s PR.