Sweden, Norway task force aims to cut electricity prices in Nordic region

Sweden and Norway announced that they were ready to launch a joint task force aimed at reining in the soaring electricity costs in the Nordic region.

The decision was announced following a meeting between Swedish and Norwegian ministers in Stockholm, Xinhua news agency reported.

“Together with the Norwegian government, the [Swedish] government initiates a task force for the Nordic countries regarding the development of the market model,” Swedish Minister for Energy and Digital Development Khashayar Farmanbar said in a press release.

He said the two countries are joining forces to ensure secure access to electricity and low prices in the Nordic region. “We want to find common solutions to common problems.”