Opinion -
AI solves Sweden's energy challenge
A quarter of Sweden's electricity use goes to heating our homes. By managing that heat more intelligently, we can shave peak loads and lower costs – without anyone having to become an energy expert. Elvy's founder in an op-ed for Dagens Industri.
Sweden's energy debate is almost always about more production – nuclear versus wind. Meanwhile, we miss a simpler question: how do we use the electricity we already have.
Heating homes accounts for roughly 22 percent of Sweden's electricity use. Simply by managing that heat more intelligently at night, we can shave major peak loads, cut household costs and relieve the grid when it is under the greatest strain. This is not about homeowners becoming energy experts or walking around adjusting the thermostat by hand every evening – it can be done automatically.
With AI-controlled systems, you can lower the indoor temperature by a few degrees when demand on the grid peaks, schedule heating around the weather forecast and combine it with solar panels, battery storage and controllable heat pumps. The result: a lower bill for the household, less stress on the grid, less need for expensive production.
All of this is already entirely possible in Swedish homes. But policy and regulation have not kept up – the focus is still on building more instead of managing smarter.
The electricity system of the future is not just more power plants. It is intelligence, in every home.
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- Opinion -
The Reluctant Energy Trader – a story about living in a house in Sweden
An EY study (published in Di.se, 03.06.26) shows that Swedes' trust in the electricity market is now the third lowest in the world. The industry's answer is more information and clearer invoices. Is it just me who's going crazy here? I don't want to play-act as an Energy Trader in my spare time.
- Press release -
Elvy signs framework agreement with Nordic Energy Partner to meet rising customer demand
Elvy's energy subscription keeps growing in popularity among Swedish homeowners. Now the company is signing a framework agreement with Nepab to secure a sustained pace of installation.
- Press release -
Energy company secures SEK 70M – Klarna veteran steps in as chair
Tech company Elvy, the company behind the world's first subscription service for household energy, has closed a new funding round of SEK 70 million. The round is led by Daft Capital and Essential Capital, with participation from Mathias Kamprad among others. In parallel, Knut Frängsmyr joins as chair of the board.
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Homeowners no longer manage their own power and heat. They decided they had better things to do.
Curious to do the same?