9. OIL AND BIOFUELS
Sweden has a long history of imposing energy and carbon taxes on fossil fuels, which has led to high fuel prices. In the second quarter of 2018, Swedish consumers paid the highest diesel price among the IEA countries, largely an effect of high taxes (Figure 9.8). The Swedish gasoline price was the ninth highest in the comparison.
Figure 9.8 Oil fuel prices in IEA member countries, second quarter 2018
Automotive diesel fuel
2.5 |
USD/L |
Tax component |
|
|
|
2.0 |
|
|
1.5 |
|
|
1.0 |
|
|
0.5 |
|
|
0.0 |
|
|
Premium unleaded gasoline (95 RON)
2.5 |
USD/L |
Tax component |
|
|
|
2.0 |
|
|
1.5 |
|
|
1.0 |
|
|
0.5 |
|
|
0.0 |
|
|
Sweden has the highest price for diesel among IEA member countries, and the ninth highest for gasoline.
Note: Data are not available for Japan. USD/L = US dollars/litre.
Source: IEA (2018), Energy Prices and Taxes, Second Quarter 2018, www.iea.org/statistics/.
Security of supply
Emergency response policy
The Ministry of Environment and Energy has the overarching responsibility within the government for handling an oil supply crisis. The Swedish Energy Agency (SEA) is tasked through several ordinances concerning an oil supply crisis, and it coordinates with the industry and other appropriate agencies. The government sees the dialogue and cooperation with industry as generally very good.
The primary response to an oil supply disruption is the release of emergency stocks, in close co-ordination with the country’s industry association – Swedish Petroleum and Biofuel Institute. The government has the legal competence to authorise a stock draw of
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ENERGY SECURITY
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