The International Energy Agency (IEA) has released a report highlighting Sweden's promising position in accelerating electrification and transitioning towards clean energy. Sweden's advanced electricity system and access to natural resources make it conducive to driving low-emissions electricity for energy-intensive industries. However, challenges lie ahead in accommodating the sizable increase in new electricity demand that electrification will bring. The country is also striving to utilize low-emissions hydrogen, especially in the industrial sector to produce 'green steel', but requires a clearer hydrogen strategy. Despite progress in electric vehicle penetration, Sweden faces hurdles in meeting emissions targets, necessitating a reevaluation of current transport sector policies. Additionally, Sweden's energy intensity, particularly in the buildings sector, remains high, emphasizing the need for enhanced energy efficiency measures. The IEA report urges Sweden to undertake comprehensive assessments of its energy system and policies to align with decarbonisation goals and establish itself as a leader in clean energy technologies. By capitalizing on its strengths and taking prompt actions, Sweden can enhance its global competitiveness in the clean energy sector.