Economy Country February 02, 2025

Investments in Scandinavian Countries Despite Energy Resources

Scandinavian countries, despite their vast reserves of oil and gas, are a point of attraction for numerous long-term investments in various sectors.


Investments in Scandinavian Countries Despite Energy Resources

For a long time, Scandinavian countries have been looking at renewable energy sources as a priority, regardless of the availability of oil and gas. They have invested in wind and solar projects, and today energy from these sources constitutes a significant portion of total energy consumption in the region.

Sweden is a prime example of successful working in this direction. It has managed to significantly reduce emissions of greenhouse gases and, as a result, achieve stable electrification. The country successfully implements programs encouraging the population to use more ecological transport means and technologies.

"We see a constant increase in demand for renewable energy," experts note. Investments in solar and wind installations are becoming increasingly popular, and this is not surprising, given the trend towards reducing dependence on traditional energy sources.