Summary, fourth quarter 2025
Investment activity in Swedish wind power remained low, with no new investments during the fourth quarter. On a full-year basis, this means that turbine orders amounted to just under 30 megawatts (MW), which reflects tough market conditions on the Swedish wind power market.
Despite few new investments being made in 2025, there was a significant start-up of wind power, made possible by previous investment decisions. A total of 1.4 gigawatts (GW) was commissioned in 2025, of which just over 1 GW was in the last quarter.
After 2027, expansion will come to a halt, a direct consequence of the lack of new investments on today’s market.
The situation is more positive in the Swedish market for solar power and battery storage. During the third quarter of 2025, Sweden’s largest solar park, with a capacity of 100 MW, was commissioned and the battery storage market is experiencing significant growth.
The renewable energy industry is well positioned to secure Sweden’s future. The technologies have proven that they can grow on market-based principles, today they represent a significant part of Sweden’s electricity supply. The decline in investment in wind power that we are currently seeing is a result of increased political risk, combined with the fact that electrification has not taken off at the pace previously announced.
In 2025, wind power, solar power, and energy storage accounted for 26.1 percent of Sweden’s total electricity production. This represents a slight decrease of 0.5 percentage points compared to the previous year. One explanation for the decline is that several wind power operators periodically reduced their production because of lower electricity prices and higher operating risks in the form of imbalance costs.
