Sweden is missing out on key wind power investment and risks falling behind in long-term electrification, according to Green Power Sweden.
No turbine orders were placed in the fourth quarter and the pace of new build is “almost non-existent”, said the industry association.
Anton Johansson, responsible for analysis and marketing at Green Power Sweden, stated that weakening investment undermines Sweden’s self-sufficiency and energy security.
He said the lack of new investment decisions in the fourth quarter of 2025 creates uncertainty about future electricity supply and competitiveness.
Johansson added that increased political and regulatory risk, market changes and delayed electrification have created a tough environment for new generation investment.
He stated: “In order for us to achieve our climate goals, secure jobs and Sweden’s security, the expansion of renewable energy must proceed much faster. That is why it is worrying that new investments have slowed down so significantly in the last two years. The expansion we are actually seeing is a result of old investment decisions.”
Green Power Sweden said 2025 will be the worst year for new wind investment in Sweden in modern times.
The association noted that foreign players are signalling that the market is not welcoming, even as Europe sees wind and solar overtake fossil generation for the first time.
Johansson stated: “The sharp decline in new investments in wind power has a delayed impact on the market. The projects that are being put into operation today have several years of permit processes behind them, which means that the effects will only be felt for a few years.”
Green Power Sweden publishes quarterly statistics based on data from turbine suppliers and other market participants, with future editions to include solar and storage.