Finland's nuclear energy consumption has exhibited a stable yet fluctuating pattern over the past decade, ranging between 0.21 and 0.23 Exajoules. As of 2023, the value stood at 0.23 Exajoules. Key annual variations include a notable dip in 2018, followed by a significant increase of 6.57% in 2022. The compound annual growth rate (CAGR) over the last five years leading to 2023 is approximately 1.94%, indicating a modest but steady incline.
Forecast data suggests a continuation of this upward trend, with nuclear energy consumption expected to reach 0.24 Exajoules by 2025 and remain steady until 2028. This corresponds to an anticipated CAGR of 0.92% from 2024 to 2028.
Future trends to watch for include:
- Potential policy changes in Finland regarding nuclear energy adoption or phase-out.
- Technological advancements in nuclear energy efficiency and safety.
- Global energy market dynamics and their influence on Finland’s energy strategy.