Full resolution (JPEG) - On this page / på denna sida - VII. Manufacturing Industries. Introd. by [G. Sundbärg] K. Åmark - Waterfalls of Sweden. By F. V. Hansen
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vii. manufacturing industries.
The value of Swedish Water-Power. It would seem to be a very delicate
matter to estimate aright the value represented by Swedish water-power.
However, in "Sveriges Nationalförmögenhet" an attempt has been made. In this
preliminary estimate the basis for calculation has been partly the prices
actually paid on the sale of certain waterfalls, partly statements as to the profit
made by certain water-power enterprises which may be assumed to have come
into normal working order. The results yielded by this estimate are a capital
value for the north of Sweden of, on an average, 75 kronor, and for the south
of Sweden of, on an average, 90 kronor per turbine horse-power for the
waterfalls which in 1908 had been equipped or were in process of equipment.
Further, the estimate has been extended to the corresponding value of the
waterfalls which it may be assumed will be equipped in the course of the next fifty
years, distributed in different groups, and this value has been reduced to the
year 1908 at 6% interest for private enterprises and 4’e % for State enterprises.
The outcome of this preliminary computation is that Sweden’s water-power
"fit to be equipped" may be assumed to represent in 1908 a total value of
138’6 million kronor, out of which 21 % fall to State enterprises, and 79 % to
private enterprises.
This figure is surprisingly low. But, in the first place, the rate at which
the utilization of water-power is assumed to take place during the term of 50
years in question seems to have been rather cautiously estimated, since the basis
of calculation has been that 3 million horse-power would be equipped during
this period of fifty years, that is, on an average, 60 000 horse-power per
annum, or about the same amount of power as was added in each of the years
1912 and 1913. However, as far as can be judged at present, the immediate
Photo. L. Westfelt, Porjus.
The Porjus Falls.
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