In 2023, renewables and biofuels transformation output in Sweden stood at a notable level. From 2024 onward, forecasts indicate a steady increase, starting at 65.26 thousand terajoules and climbing to 76.98 thousand terajoules by 2028. The year-on-year variation shows a consistent growth rate, particularly noteworthy from 2026 to 2028, where it averages around 4.0% annually. Analyzing the last two years, there is a slight acceleration in growth, with future annual increases expected to remain robust. The Compound Annual Growth Rate (CAGR) over this five-year period is encouraging, reflecting sustained progress in the sector.
Future trends to watch for include advancements in technology, government policies favoring green energy, and potential economic shifts. Close monitoring of these factors will be crucial to understanding the evolving dynamics of the renewables and biofuels landscape in Sweden.