Story perspectives

Sweden Rejects EU Grid Funding, Pauses Cable, Threatens Export Cuts

5/9/2026

Summary

Story summary

Sweden rejected the EU Commission’s plan to earmark congestion-charge revenue for grid projects, calling it unacceptable.
Energy Minister Ebba Busch paused the Konti-Skan Connect cable to Denmark after the dispute.
Sweden warned it could curb electricity exports to neighbours if the revenue issue remains unresolved.
Sweden expects to collect 130 billion crowns from congestion charges over ten years and to fund four new nuclear reactors of about 5,000 MW, half by 2035.

1 of 1

Story summary

Sweden rejected the EU Commission’s plan to earmark congestion-charge revenue for grid projects, calling it unacceptable.
Energy Minister Ebba Busch paused the Konti-Skan Connect cable to Denmark after the dispute.
Sweden warned it could curb electricity exports to neighbours if the revenue issue remains unresolved.
Sweden expects to collect 130 billion crowns from congestion charges over ten years and to fund four new nuclear reactors of about 5,000 MW, half by 2035.