Sweden rejects power line to Germany

Sweden rejects power line to Germany Expectation: The 700-megawatt Hansa PowerBridge mega project with a budget of €600 million was supposed to connect the Swedish and German energy markets. Goal: to ensure the supply of renewable electricity from the Scandinavian countries to Germany - an additional impulse for the energy transition. Reality: Stockholm and Energy Minister Ebba Busch, in particular, are rejecting the project in favour of the country’s interests. Reason: “We cannot connect Southern Sweden, which is experiencing a significant deficit in electricity production, with Germany, where the electricity market is currently operating inefficiently.“ #3 Our channel: Node of Time EN Source: Node of Time EN