The gross electricity production from hydro power in Finland stood at 1.26 Million Tonnes Of Oil Equivalent (Mtoe) in 2023. Forecast data predict a steady increase from 2024 to 2028, growing from 1.27 Mtoe to 1.29 Mtoe. The year-on-year variation shows an incremental rise of approximately 0.79% from 2024 to 2025, stabilizing at 0% between 2025 and 2026, and slightly increasing again by 0.78% from 2027 to 2028. The average annual growth rate (CAGR) over this period is around 0.24%, indicating a stable yet modest upward trend.
Future trends to watch for:
- Technological advancements in hydro power efficiency
- Government policies supporting renewable energy
- Potential environmental impacts influencing hydro power production
- Market dynamics and energy consumption patterns