Key Market Indicators
**Swedish Hydro Power Consumption to Plateau by 2028** Swedish hydro power consumption is projected to reach around 243,000 terajoules by 2028, a slight decrease from approximately 243,000 terajoules in 2023. This indicates a stagnant growth rate of 0% year-on-year. Since 1995, Sweden has witnessed an average annual increase of 1.7% in hydro power consumption. In 2023, the country held the second position globally, while Norway topped the list with around 243,000 terajoules. Following Sweden, France and Italy occupied the third and fourth spots, respectively. **Swedish Hydropower Generation to Maintain Current Levels** Similarly, Swedish hydropower generation is expected to stabilize at about 243,000 terajoules by 2028, mirroring the consumption figures from 2023. This also represents a 0% year-on-year average rate of change. Since 1995, the supply side has mirrored the demand, showing a 1.7% average annual increase. In 2023, Sweden ranked second in hydropower generation, just behind Norway, which led with around 243,000 terajoules. France and Italy followed Sweden in the third and fourth positions, respectively.
