ABOUT SWEDISH ENERGY-RELATED TRADE*********** from http://www.buyusa.gov/sweden/en/sectors.html As outlined in the Business Overview, Alternative Energy programs are the major focus of the US mission in Sweden (see White Paper appendix for further description and details on the situation in Sweden). These opportunities represent the primary focus of our commercial programs and therefore are listed as the first of our best prospects. The focus of this program is in five main areas: - Cellulosic ethanol and other 2nd generation biofuel production technologies;
- Improved battery and auto engine technology;
- Cost of producing electricity and heat from solar and wind;
- Clean coal and carbon sequestration or CCS
- Improved energy efficiency in homes and buildings.
We believe there are excellent opportunities in all of these areas to partner with and sell to the Nordic markets. One report predicts that the worldwide market for solar, wind, biofuels, and fuel cells products will grow from $40 billion in 2005 to $167 billion in 2015. The Swedish government is determined to take the lead in developing these technologies and has made a commitment to become fossil fuel independent by 2020. In addition, Swedish companies are major players in this effort around the world and are looking for superior technologies and partners to respond to the market demand and to meet domestic commitments. To promote this effort, the Commercial Service is planning to bring Swedish delegations to PowerGen Renewable Energy & Fuels trade show in 2007 and 2008, and is designing a renewables trade mission to Sweden for the Spring of 2008. We are very interested in hearing from companies that have products and solutions to offer in this sector. Overview 2004 2005 2006 (estimated) Total Market Size 3.660 4.250 4.450 Total Local Production 3.380 3.800 4.000 Total Exports 1.500 1.600 1.800 Total Imports 1.780 2.050 2.250 Imports from the U.S. 190 200 300 Exchange rates SEK/USD: 2004 7.34, 2005 7.48 and 2006 7.38, Figures in USD The statistics are unofficial estimates The annual power supply in Sweden amounts to approximately 640 TWh. Fossil fuels, such as oil, natural gas and coal, used mainly by the transportation and refinery sectors, account for almost 36% of the current supply, followed by nuclear power, biofuels and hydropower. Renewable energy plays an increasingly important role in the Swedish energy system, and currently contributes almost 26% of the overall energy supply. The main sources for electricity in Sweden are hydropower and nuclear power, accounting for 80% of the supply. The remaining 20% is covered by biofuels, wind power, conventional thermal power plants, and a small amount of photovoltaic and geothermal power. Following the EU directives and regulations, Sweden is concentrating on improving and establishing long-term conditions for wider use of renewable energy resources, including new plant construction, R&D, incentives funding and industry harmonization. The government is committed to work on breaking the dependence on fossil fuels by 2020, and inclined to invest in renewable energy and power generation research and development to enable and alleviate the expanded use of bio-fuels and other renewable energy sources for electricity, heat and transportation. As noted in the overview, Embassy Stockholm, in line with U.S. policy to break dependencies on oil and combat Global warming has put the highest priorities on activities in this sector. Best Products/Services Equipment and plant technology for the upgrade of nuclear, hydropower and CHP plants; wind power turbine technology; solar and geothermal technologies; biomass processing technology; natural gas network technology and power grid infrastructure; renewable vehicle fuel production technologies. Opportunities In recent years fall and winter storms have caused wide and long-term power outages in several rural areas in Sweden. Power lines have been destroyed by falling trees and snow, and the repair work is very time consuming and dangerous. There are good opportunities for US companies supplying both power grid hardware and technology as it is necessary to modify the current grid infrastructure. In order to meet the 2020 oil independency goal, Sweden needs to expand wind, solar and geothermal power production, further improve its biomass utilization and validate new technologies that enable efficient and cost-effective biofuel production. U.S. companies can provide world-leading product and technologies within many of these areas and have a good opportunity in Sweden for cooperation and technology exchange. Resources Swedish Energy Agency www.stem.se Energy in Sweden www.svenskenergi.se Swedish Nuclear Power Inspectorate www.ski.se Svenska Kraftnat (National Grid Company) www.svk.se Swedish Bioenergy Association www.svebio.se Major Trade Shows: Sveriges Energiting, March 20-21, 2007, Stockholm, Sweden - Sweden's by far largest and most important annual energy conference and exhibition Nordic Bioenergy Conference - A professional meeting point for the bioenergy industry. Highlights the trends in the different markets and aims at developing and promoting Nordic bioenergy competences in a European and worldwide context. Scandinavian Technical Fair, Oct 16-19, 2007 - Industrial technology fair Local Commercial Specialist: Tuula Javanainen, Tuula.Javanainen@N0SPAM.mail.doc.gov
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