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Sweden to Offer Liquidity Guarantees to Utilities, Premier Says

Bloomberg · Niclas Rolander · last updated

Sweden’s government will provide liquidity guarantees to Nordic and Baltic utilities as Prime Minister Magdalena Andersson warned that Russia’s decision to halt gas exports put the region’s financial stability at risk.

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Related Knowledge Center: Energy security and pricing

State of Play

The United States achieved net energy independence in 2020, but that has not insulated the nation from the roiling of energy markets in the wake of the Russian invasion of Ukraine. Europe has been a large consumer of Russian natural gas, and the effort to wean itself, with the help of the United States, has strained markets and endangered global efforts to address the climate crisis.

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