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energimyndigheten.se

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Investments

21

Portfolio Exits

1

Partners & Customers

6

About Swedish Energy Agency

The Swedish Energy Agency operates in various sectors of society to create conditions for an efficient and sustainable energy use and a cost-effective Swedish energy supply.

Swedish Energy Agency Headquarters Location

Kungsgatan 43 P.O. Box 310

SE - 631 04,

Sweden

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Swedish Energy Agency Web Traffic

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Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Swedish Energy Agency Rank

Latest Swedish Energy Agency News

Sweden's Energy Minister Dismisses Usage Of Electricity For Bitcoin Mining

Jul 18, 2022

The government has asked Swedish Energy Agency to find ways to track energy consumption The President of Kazakhstan signed a new bill taxing miners higher in the country Sweden's Energy Minister Khashayar Farmanbar is in not in favor of the allocation of electricity to Bitcoin mining and believes that the same energy can be provided to job-generating projects such as steel plants. Sweden comes in Europe’s top three Bitcoin mining sectors and is emerging as a leading mining hub globally. The rising electricity consumption of miners has attracted the attention of Farmanbar who has hinted that Sweden might not be very hospitable to Bitcoin mining firms, Bloomberg reported Sunday. “We need energy for more useful things than Bitcoin, to be honest,” Farmanbar said in an interview. “We are moving from a period of administration to an extreme expansion where our entire manufacturing industry is seeking to electrify.” The concerns regarding the consumption of electricity by miners are rising as last month the government asked the Swedish Energy Agency, a government agency for national energy policy issues, to investigate ways using which the energy consumed by miners can be tracked. There has been a surge in Bitcoin mining since the boom of the crypto sector in 2021 and the energy consumption by the process has led to the President of Kazakhstan signing a bill to impose higher tax rates on miners. Interestingly, Glassnode data from June end suggests that miners held 65,200 BTC at that time and are distributing 3,000-4,000 Bitcoins per month. The regulatory pressure from governments might be a reason why miners are cashing out their tokens. It took four years for Bitcoin to reach a threshold of $100 per BTC since its launch in 2009. Photo: Unsplash © Copyright IBTimes 2022. All rights reserved. Related Stories

Swedish Energy Agency Investments

21 Investments

Swedish Energy Agency has made 21 investments. Their latest investment was in H2 Green Steel as part of their Grant on February 2, 2022.

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Swedish Energy Agency Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

2/17/2022

Grant

H2 Green Steel

$3.21M

Yes

10/6/2020

Grant

HYBRIT

$2.46M

Yes

4

6/8/2020

Grant

Lignin

$1.52M

Yes

1

5/26/2020

Grant

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$99M

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10

5/26/2020

Grant

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$99M

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10

Date

2/17/2022

10/6/2020

6/8/2020

5/26/2020

5/26/2020

Round

Grant

Grant

Grant

Grant

Grant

Company

H2 Green Steel

HYBRIT

Lignin

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Amount

$3.21M

$2.46M

$1.52M

$99M

$99M

New?

Yes

Yes

Yes

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Co-Investors

Sources

4

1

10

10

Swedish Energy Agency Portfolio Exits

1 Portfolio Exit

Swedish Energy Agency has 1 portfolio exit. Their latest portfolio exit was Watty on February 14, 2019.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

2/14/2019

Acquired

$99M

2

Date

2/14/2019

Exit

Acquired

Companies

Valuation

$99M

Acquirer

Sources

2

Swedish Energy Agency Partners & Customers

6 Partners and customers

Swedish Energy Agency has 6 strategic partners and customers. Swedish Energy Agency recently partnered with Sweco on May 5, 2022.

Date

Type

Business Partner

Country

News Snippet

Sources

5/16/2022

Vendor

Sweden

Sweco Group - Sweco evaluates the Swedish programme for International Climate Change Mitigation within the Kyoto protocol

Sweco has been contracted by the Swedish Energy Agency to study and summarise the Swedish programme , its activities and outcomes over the past twenty years . ''

1

11/11/2021

Partner

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10

12/5/2019

Partner

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10

12/4/2019

Partner

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10

11/30/2018

Licensor

Sweden

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10

Date

5/16/2022

11/11/2021

12/5/2019

12/4/2019

11/30/2018

Type

Vendor

Partner

Partner

Partner

Licensor

Business Partner

Country

Sweden

Sweden

News Snippet

Sweco Group - Sweco evaluates the Swedish programme for International Climate Change Mitigation within the Kyoto protocol

Sweco has been contracted by the Swedish Energy Agency to study and summarise the Swedish programme , its activities and outcomes over the past twenty years . ''

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Sources

1

10

10

10

10

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