The European Commission approves the new electricity subsidy to Swedish companies. The money that companies in electricity areas 3 and 4 will be able to apply for amounts to around SEK 30 billion.
This is about money from so-called congestion fees accumulated at Svenska kraftnät as a result of high electricity prices and large price differences between southern and northern Sweden. European Commission has reviewed the model to ensure that the support complies with the rules for state aid to companies and temporary rules for emergency support for high energy prices.