Electricity Market Design for a Reliable Swedish Power System

Sweden has benefited from a stable and well-functioning electricity system, but now faces a fundamental question: can the current organisation of the electricity market continue to work well in a situation of new, emerging pressures? In particular, the debate in Swedish in recent years has focused on whether or not the current energy-only market, whereby power generators are paid the for electricity they deliver to the market, can sufficiently provide the needs society places on the power system.

The main conclusions of our study are