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Talks to Increase Energy Competition

45 percent of Sweden's energy comes from nuclear power.

The government's efforts to increase competition on the energy market has resumed after criticism that the big energy companies are deliberately pushing up the electricity prices. At a time when the temperatures have plummeted, several nuclear reactors have been closed due to repairs, which has increased the electricity price on the market and seen household electricity bills increase three times over.

Swedish nuclear power is controlled by three big energy companies: state owned Vattenfall, Finnish Fortum and German Eon. The government has now resumed talks with the companies to try to break up the joint ownership of the nuclear reactors.

Top civil servant Ola Alterå at the Ministry of Energy and Enterprise says that there is a "problem of confidence" with the fact that the three big companies own the reactors together. "There is a risk, or at least the suspicion, that they can plan the production and thereby the price, Alterå tells Swedish Radio News.

Alterå hopes they will reach an agreement about the changes some time this spring.

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