Sweden

Since the beginning of the COVID19 pandemic in early 2020, Sweden has committed at least USD 1.58 billion to supporting different energy types through new or amended policies, according to official government sources and other publicly available information. These public money commitments include:

  • At least USD 527.02 million for unconditional fossil fuels through 5 policies (5 quantified)
  • At least USD 516.69 million for conditional fossil fuels through 1 policy (1 quantified)
  • At least USD 20.67 million for unconditional clean energy through 1 policy (1 quantified)
  • At least USD 510.90 million for conditional clean energy through 5 policies (5 quantified)
  • No public money commitments identified for other energy
Updated: 25 November 2020


At least

$1.04 billion

Supporting fossil fuel energy

$101.47

Per capita



At least

$531.57 million

Supporting clean energy

$51.68

Per capita

By energy type, Sweden committed at least USD 1.04 billion to oil and gas (at least USD 527.02 million to unconditional oil and gas and at least USD 516.69 million to conditional oil and gas).

In addition, no public money commitments identified for coal.

Further, no public money commitments identified for hydrogen based on fossil fuels.

Finally, no public money commitments identified for multiple fossil fuels.

A considerably larger amount of public money committed to supporting the economy and people of Sweden through monetary and fiscal policies in response to the crisis may also benefit different elements of the energy sector. However, these values are not available from official legislation and statements and therefore are not included in the database. Meanwhile, in addition to monetary and fiscal measures, the database lists other policies and regulations that can also provide benefits to producers and consumers of different energy types.

These public money commitments are additional to many other government policies that had existed to support different energy types before the COVID19 pandemic.

Public money commitments to fossil fuels, clean and other energy in recovery packages, USD billion, as of 25 November 2020

Country Jurisdiction Category Policy name Sector Energy Type Mechanism Value committed, USD Date of announcement Policy type Stage Legislation and Endorsing Agency Arm of Government Primary and secondary stated objective of the policy Date of entry into force Implemented repeal date, if any Value as stated (specify currency) Value committed, national currency Value disbursed, national currency Value disbursed, USD: Policy background Links to official sources Links to additional sources
Sweden National Clean conditional Payment of tax debt related to electricity consumption in the railway sector Mobility Multiple energy types Budget or off-budget transfer ... 98584271.985119 2020040909/04/2020 Fiscal Energy use (all energy types, consumption in transport, household use, buildings etc) Swedish Government Government Lowering tax debt of the railway sector. 16/06/2020 SEK 954 million 954000000 Payment of tax debt from energy consumption in the railway sector which accumulated between January 2018 and June 2019.
https://www.regeringen.se/rattsliga-dokument/proposition/2020/04/prop.-201920100/
Sweden National Clean conditional Support for public transport Mobility Multiple energy types Budget or off-budget transfer ... 310013433.91547 2020051111/05/2020 Fiscal Energy use (all energy types, consumption in transport, household use, buildings etc) Swedish Government Government Supporting public transport in dealing with COVID-19 revenue loss 02/07/2020 SEK 3 billion 3000000000 Grants to public transport companies to help them with the decrease in revenue due to COVID-19
https://www.regeringen.se/pressmeddelanden/2020/07/regeringsbeslut-om-stod-till-kollektivtrafiken/
Sweden National Fossil unconditional Support for the Swedish Maritime Administration Mobility Oil and oil products Budget or off-budget transfer ... 31001343.391547 2020061515/06/2020 Fiscal Energy use (all energy types, consumption in transport, household use, buildings etc) Swedish Government Government Ensuring central maritime transport infrastructure. 23/06/2020 SEK 300 million 300000000 Increase in the agency's appropiation to compensate loss in revenue from shipping.
https://www.regeringen.se/rattsliga-dokument/proposition/2020/06/prop.-201920187/
Sweden National Fossil unconditional Support for LFV Swedish Air Traffic Control Mobility Oil and oil products Budget or off-budget transfer ... 93004030.174641 2020061515/06/2020 Fiscal Energy use (all energy types, consumption in transport, household use, buildings etc) Swedish Government Government Maintaining central aviation infrastructure. 23/06/2020 SEK 900 million 900000000 Increase in the agency's appropriation to compensate loss in revenue from aviation
https://www.regeringen.se/rattsliga-dokument/proposition/2020/06/prop.-201920187/
Sweden National Fossil unconditional Additional investments in road infrastructure Mobility Oil and oil products Budget or off-budget transfer ... 31001343.391547 2020052020/05/2020 Fiscal Energy use (all energy types, consumption in transport, household use, buildings etc) Swedish Government Government COVID-19 recovery and fighting unemployment 03/06/2020 SEK 300 million 300000000 Funding is earmarked for additional investment in road infrastructure made possible by the COVID-19 crises that have positive impact on employment particularly in rural areas.
https://www.regeringen.se/rattsliga-dokument/proposition/2020/05/prop.-201920167/
Sweden National Clean conditional Additional investment in rail infrastructure maintainance Mobility Multiple energy types Government procurement (DT) 74403224.139713 2020052020/05/2020 Fiscal Energy use (all energy types, consumption in transport, household use, buildings etc) Swedish Government Government COVID-19 recovery and fighting unemployment 03/06/2020 SEK 720 million 720000000 This increase in funding is supposed to cover - Loss in revenue of railway operators in the order of SEK 120 million due to COVID-19 - Cost increases of planned projects in the order of SEK400 million due to i.a. higher tender amounts and content changes - Additional maintenance measures made possible by the COVID-19 crises in the order of SEK 200 million that have positive impact on employment
https://www.regeringen.se/rattsliga-dokument/proposition/2020/05/prop.-201920167/
Sweden National Clean unconditional Extension and increase in support for solar pv Power generation Solar Budget or off-budget transfer ... 20667562.261031 2020041515/04/2020 Fiscal Exploration or production or processing or storage or transportation Swedish Government Government Supporting renewable energy production 16/06/2020 SEK 200 million 200000000 Increase in funding for an existing policy that offer grants to households and companies for installing solar pv. This new funding is on top of already existing funding. Funding for 2020 has been increased by using funds allocated for 2021 and 2022, and additional funding of the magnitude of 200 million SEK have been announded for 2021 and 2022.
https://www.regeringen.se/rattsliga-dokument/proposition/2020/04/prop.-201920100/
Sweden National Clean conditional Extension of support for biogas production Power generation Biofuels and waste Budget or off-budget transfer ... 12400537.356619 2020041515/04/2020 Fiscal Electricity generation Swedish Government Government Supporting renewable energy production and rural development 16/06/2020 SEK120 million 120000000 Compensation is only given to producers of biogas for transport purposes (cars, trucks, agriculture machines etc). Compensation is not given to biogas produced from sludged, food production (with some exemptions) and landfills.
https://www.regeringen.se/rattsliga-dokument/proposition/2020/04/prop.-201920100/
https://jordbruksverket.se/stod/fornybar-energi/biogasstod-2020
Sweden National Fossil unconditional Credit guarantees for airline companies Mobility Oil and oil products Loan guarantee (Hybrid) 361682339.56805 2020041111/04/2020 Fiscal Energy use (all energy types, consumption in transport, household use, buildings etc) Swedish Government Government Ensuring the survival of the Swedish aviation industry. SEK 3.5 billion 3500000000 Beneficiaries of this policy are airlines that had a licence to operate in Sweden for 2020 and that most of their operations or their headquaters in Sweden. Loan guarantees will only be offered until the end of this year and will only last for a total of six years. Initially, SAS was slated to receive SEK 1.5 billion from a total of SEK 5 billion. However, this guarantee was canceled as a consequence of the European Commission's approval for the Swedish governments participation in SAS recapitalization.
https://finans.dk/politik/ECE12017437/danmark-og-sverige-stiller-garantier-for-sas-for-i-alt-3-mia-svenske-kroner/?
https://www.euractiv.com/section/aviation/news/sweden-gets-airline-bailout-green-light-from-eu/

https://web.archive.org/web/20200318152830/
https://finans.dk/politik/ECE12017437/danmark-og-sverige-stiller-garantier-for-sas-for-i-alt-3-mia-svenske-kroner/
https://web.archive.org/web/20200416080030/
https://www.euractiv.com/section/aviation/news/sweden-gets-airline-bailout-green-light-from-eu/
Sweden National Clean conditional Green jobs program Multiple sectors Non-applicable (non-energy measure) New or extended regulation (IT... 15500671.695773 2020041515/04/2020 Fiscal Non-applicable (non-energy measure) Swedish Government Government Reducing unemployment 16/06/2020 SEK 150 million 150000000 The green jobs program is targeting long-term unemployed and is subsidizing low-skill jobs in nature protection and forestry.
https://www.regeringen.se/rattsliga-dokument/proposition/2020/04/prop.-201920100/
Sweden National Fossil unconditional Grant to small airports Mobility Oil and oil products Budget or off-budget transfer ... 10333781.130516 2020061515/06/2020 Fiscal Energy use (all energy types, consumption in transport, household use, buildings etc) Swedish Government Government Supporting small airports in dealing with revenue loss due to Covid-19 23/06/2020 SEK 100 million 100000000 Unconditional grants are intended to cover the operating deficits related to COVID-19 of municipal and private airports that are not owned by the state. Unlike stated in already existing regulation, these grants can also be used to support airports that are not served by airlines procured by the state and that received state operating aid in 2019.
https://www.regeringen.se/rattsliga-dokument/proposition/2020/06/prop.-201920187/
Sweden National Fossil conditional SAS recapitalization plan Mobility Oil and oil products Equity injection or nationalis... 516689056.52578 2020061515/06/2020 Fiscal Energy use (all energy types, consumption in transport, household use, buildings etc) Swedish Government Government Safeguarding air service coverage and key transport links 29/09/2020 SEK 5 billion 5000000000 SAS recapitalization plan - which has been jointly agreed by Sweden and Denmark - brings forward the airlines target of 25% reduction (compared to 2005 levels) of its net CO2 emissions from 2030 to 2025. The recapitalisation plan comprises: - Around SEK 2 billion (approximately €194 million) equity participation through the subscription of new shares, shared between Denmark and Sweden; -Up to around SEK 3 billion (approximately €292 million) equity participation through the subscription and underwriting of new shares in a rights issue, shared between Denmark and Sweden; and -SEK 6 billion (approximately €583 million) newly issued State hybrid notes with the features of an equity instrument non-convertible into shares, of which SEK 2.5 billion (approximately €243 million) is allocated to Sweden and SEK 3.5 billion (approximately €340 million) is allocated to Denmark.
https://www.sasgroup.net/investor-relations/recapitalization-plan/sas-announces-revised-recapitalization-plan/
https://ec.europa.eu/commission/presscorner/detail/en/ip_20_1488

https://www.regeringen.se/pressmeddelanden/2020/06/nionde-extra-andringsbudgeten-overlamnad-till-riksdagen/
https://www.euractiv.com/section/aviation/news/eu-clears-e1bn-plan-to-recapitalise-virus-hit-airline-sas/
https://www.sasgroup.net/investor-relations/recapitalization-plan/sas-resolves-to-issue-new-hybrid-notes-and-shares-in-accordance-with-its-recapitalization-plan/