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New energy strategies in the Swedish pulp and paper industry - The role of national and EU climate and energy policies

Ericsson, Karin LU ; Nilsson, Lars J LU and Nilsson, Måns (2011) In Energy Policy 39(3). p.1439-1449
Abstract
The Swedish pulp and paper industry has gone through a strategic change in its approach to electricity production and consumption over the past decade. This paper documents this reorientation, which includes increased on-site electricity production, investments and investment plans for wind power, and new partnerships concerning investments in electricity production assets. We also assess the extent to which these changes can be attributed to key energy and climate policies. Our analysis shows that this strategic reorientation has been driven by changes in the underlying economic conditions for the pulp and paper industry, in particular increases in the price of electricity following the Swedish energy market reform in 1996, and the... (More)
The Swedish pulp and paper industry has gone through a strategic change in its approach to electricity production and consumption over the past decade. This paper documents this reorientation, which includes increased on-site electricity production, investments and investment plans for wind power, and new partnerships concerning investments in electricity production assets. We also assess the extent to which these changes can be attributed to key energy and climate policies. Our analysis shows that this strategic reorientation has been driven by changes in the underlying economic conditions for the pulp and paper industry, in particular increases in the price of electricity following the Swedish energy market reform in 1996, and the introduction of the EU ETS. The scheme for tradable renewable electricity certificates, on the other hand, has provided a new source of income. While these market-based signals and responses are the most dominant drivers of strategic change, cognitive changes in the pulp and paper industry have also played a role in the strategic reorientation. The cognitive changes concerning the functioning of the electricity market, i.e. the pricing of electricity and influence of the EU ETS, have been particularly important in this regard. (Less)
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author
organization
publishing date
type
Contribution to journal
publication status
published
subject
keywords
Pulp and paper industry, Climate policy, Investments
in
Energy Policy
volume
39
issue
3
pages
1439 - 1449
publisher
Elsevier
external identifiers
  • wos:000288971100040
  • scopus:79952071990
ISSN
1873-6777
DOI
10.1016/j.enpol.2010.12.016
project
BECC
language
English
LU publication?
yes
id
074837a8-70a7-42cf-ac51-23645ef228ec (old id 1769565)
date added to LUP
2011-01-25 15:03:24
date last changed
2017-10-01 04:13:31
@article{074837a8-70a7-42cf-ac51-23645ef228ec,
  abstract     = {The Swedish pulp and paper industry has gone through a strategic change in its approach to electricity production and consumption over the past decade. This paper documents this reorientation, which includes increased on-site electricity production, investments and investment plans for wind power, and new partnerships concerning investments in electricity production assets. We also assess the extent to which these changes can be attributed to key energy and climate policies. Our analysis shows that this strategic reorientation has been driven by changes in the underlying economic conditions for the pulp and paper industry, in particular increases in the price of electricity following the Swedish energy market reform in 1996, and the introduction of the EU ETS. The scheme for tradable renewable electricity certificates, on the other hand, has provided a new source of income. While these market-based signals and responses are the most dominant drivers of strategic change, cognitive changes in the pulp and paper industry have also played a role in the strategic reorientation. The cognitive changes concerning the functioning of the electricity market, i.e. the pricing of electricity and influence of the EU ETS, have been particularly important in this regard.},
  author       = {Ericsson, Karin and Nilsson, Lars J and Nilsson, Måns},
  issn         = {1873-6777},
  keyword      = {Pulp and paper industry,Climate policy,Investments},
  language     = {eng},
  number       = {3},
  pages        = {1439--1449},
  publisher    = {Elsevier},
  series       = {Energy Policy},
  title        = {New energy strategies in the Swedish pulp and paper industry - The role of national and EU climate and energy policies},
  url          = {http://dx.doi.org/10.1016/j.enpol.2010.12.016},
  volume       = {39},
  year         = {2011},
}