Swedish energy CEO warns West outmatched by China in electrification race

Martin Vallstrand, CEO of Swedish energy research institute Energiforsk, argues Sweden and the EU are too dependent on imported fossil fuels and that Western economies are losing the electrification race to China. He urges Swedish politicians to prioritize lowering power system costs. This is an opinion piece reflecting a policy debate, not a hard data point, but it signals growing concern in Europe about competitive disadvantage in clean energy.