High electricity prices threaten 200,000 jobs in southern Sweden

High electricity prices could cost southern Sweden nearly 200,000 jobs by 2030. That warning comes from recent numbers released by the Chamber of Commerce and Industry of Southern Sweden.

The region is losing valuable investments, production, and jobs due to high power costs. Some manufacturing plants are moving their operations to northern Sweden. Other facilities are closing down completely or moving out of the country.

The report on these potential job losses was published by Sveriges Radio.