The Gross Available Energy from hydro power in Sweden has demonstrated a volatile trend from 2013 to 2023, increasing markedly in some years while experiencing substantial declines in others. In 2023, the energy stood at 66.44 thousand Gigawatt hours. Recent data show a slight year-on-year decline of 0.072% from 2022 to 2023, while the Compound Annual Growth Rate (CAGR) over the past five years is 1.33%. Forecasts from 2024 to 2028 suggest a marginal decline, with the forecasted 5-year CAGR at -0.06% and an overall growth rate of -0.28%.
Future trends to watch for:
- Potential impacts of climate change on hydrological cycles.
- Policy shifts advocating for renewable energy sources.
- Technological advances in efficiency and storage solutions.
