STOCKHOLM — Sweden’s government said Wednesday it wants to pass legislation forcing the country’s public power transmission network operator to help alleviate this winter’s expected high electricity bills for Swedish households and businesses.
Prime Minister Magdalena Andersson, whose Social Democratic minority government faces parliamentary elections next month, said the proposal would cost Svenska kraftnat at least 30 billion kronor ($2.9 billion).
She said the public utility responsible for ensuring Sweden’s electricity transmission system would get the funds from the 60 billion kronor it received from revenues from congestion in the electricity grid. Details would be provided by Svenska kraftnat itself, she said.
“Both homeowners and business owners feel sick when they think about the electricity bill for the winter,” Andersson said.
Andersson said the measure was necessary in view of high energy costs due to Russia’s invasion of Ukraine, adding that she would not allow Russian President Vladimir Putin “to hold Swedish households and Swedish industry hostage.”
“When it comes to the energy sector, we have something that closely resembles a war economy,” she said.
Andersson’s Social Democratic Party currently holds 100 seats in the 349-seat Riksdag, or parliament.
Recent polls show that Andersson’s party and its center-left allies are neck-and-neck with a right-wing opposition that includes Sweden’s third-largest party, the populist Sweden Democrats, which is rooted in a neo-Nazi movement.
Sweden presents plan to tackle high winter power bills & Latest News Update
Sweden presents plan to tackle high winter power bills & More Live News
All this news that I have made and shared for you people, you will like it very much and in it we keep bringing topics for you people like every time so that you keep getting news information like trending topics and you It is our goal to be able to get
all kinds of news without going through us so that we can reach you the latest and best news for free so that you can move ahead further by getting the information of that news together with you. Later on, we will continue
to give information about more today world news update types of latest news through posts on our website so that you always keep moving forward in that news and whatever kind of information will be there, it will definitely be conveyed to you people.
Sweden presents plan to tackle high winter power bills & More News Today
All this news that I have brought up to you or will be the most different and best news that you people are not going to get anywhere, along with the information Trending News, Breaking News, Health News, Science News, Sports News, Entertainment News, Technology News, Business News, World News of this made available to all of you so that you are always connected with the news, stay ahead in the matter and keep getting today news all types of news for free till today so that you can get the news by getting it. Always take two steps forward
Credit Goes To News Website – This Original Content Owner News Website . This Is Not My Content So If You Want To Read Original Content You Can Follow Below Links