According to the latest IEA (International Energy Agency) country review, Sweden is found to be a global leader in making a low carbon economy. All this happens because of the great energy transition policies that are made by the government of Sweden in the sector of low emission vehicles as well as intensively using the biofuels.
Sweden has a goal to achieve that states for a zero-net emissions target by the year 2050. Its prominent work in this sector can be seen by their extreme efforts to reduce transport emissions by 70% between 2010 and 2030. One of the major factors to add comes with its policy of regional trade. Sweden is in good relations with its neighboring countries that is Nordic and Baltic, under the policy of regional trade Sweden becomes a large exporter of electricity. This is the one generated from the windmills and are enhanced by the support of green electricity certificates.
Sweden has developed a connected network of 3 nuclear power plants with 8 nuclear reactors and also have a high electricity generation rate from hydro power plant and biofuels. This network helps them in achieving their goal of the least CO2 emissions. Sweden has formed a Clean Energy Ministerial (CEM) forum which aims to promote the ideas and events that help in development of sustainable energy as well as advancements taking place in the clean energy technology are acknowledged by this forum throughout the world. The countries that are partner in CEM help with their ideas and Sweden also shares various teaching courses for clean energy. These countries account to a total of approx. 90% of world’s clean energy. Scotland has been the home for clean energy for now over a decade. The country’s government policies highly revolve around ground-breaking environment strategies.