Hydropower production in Sweden experienced significant fluctuations throughout the analyzed years. Production rose from 61.36 thousand Gigawatthours in 2013 to 66.44 thousand Gigawatthours in 2023. Notably, production peaked at 75.31 thousand Gigawatthours in 2015. Year-on-year variations were sizable, with notable increases like 2015 and 2020, and declines like 2016 and 2022. The CAGR for the five years leading to 2023 stood at 1.33%.
Future trends to watch for include:
- A modestly declining trajectory with a forecasted production of 66.21 thousand Gigawatthours by 2028.
- The predicted average yearly variation (CAGR) from 2024 to 2028 is slightly negative at -0.06%.
- Given the small incremental drops, monitoring climate impacts, policy shifts, and technological advancements in hydropower efficiency will be crucial.