
Renewable-based Pathway Key to Palau’s Welfare
28 June 2022 | Articles
Sweden has set out to meet 100% of its electricity needs from renewable sources by 2040. With a highly decarbonised power system already in place, the country is well positioned to help the world meet crucial climate goals. In the meantime, Sweden itself needs innovative solutions to meet its ambitious 100% renewables policy goal.
This study from the International Renewable Energy Agency (IRENA), produced in consultation with the Swedish Energy Agency (Energimyndigheten), provides four tailor-made solutions to integrate high shares of renewables into the national power system. By showcasing Sweden’s case, the report also aims to strengthen international co-operation and inspire other countries to scale up their renewable power targets.
The proposed solutions combine key innovations in four broad dimensions – enabling technologies, business models, market design and system operation – to tackle different challenges in the power system value chain.
The study proposes four main solutions for the Swedish power system:
The analysis assesses of the likely impact of these solutions, advises on how to implement them, and highlights pilot projects that could be replicated in Sweden or elsewhere.
The study reflects the outcomes of four workshops held in 2019 among IRENA member countries, including several with experience in operating systems with very high shares of renewable power and others with similar policy objectives.
See also the summary for policy makers.