Swedish electrification prompts first forecast increase in power demand for years

Sweden’s power consumption is on the rise after years of stasis due to accelerating electrification, transmission system operator Svenska kraftnat said in a five-year outlook report Feb. 1. Under a central case demand would increase over 10% from 142 TWh to 157 TWh between 2022-26, driven by data centers and electrification of industrial processes. “If we, together with other stakeholders,…