The German Minister of Economic Affairs remains optimistic about the new electricity transmission connection between Sweden and Germany, despite some hesitation in Sweden. The planned Hansa Powerbridge is a 700-megawatt transmission link that will run 60 kilometers under the sea from Ystad in Sweden to Rostock in Germany. Its goal is to transfer clean energy from the Nordics to Germany and continental Europe, with the potential to also bring energy back to Sweden during times of overproduction.
However, concerns have been raised in Sweden about the potential impact on electricity prices in the southern region, SE4, which is already the most expensive in the country. In Germany, there are already different offer areas but the price of electricity remains the same. The Social Democrats in Sweden are opposed to the project and suggest dividing Germany into different price areas to potentially lower electricity prices in southern Sweden.
The estimated cost of the project is 600 million euros, with construction anticipated to be completed by 2028-2029. Despite these uncertainties, political and economic factors remain significant players in its future development.
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