The forecast for solar thermal energy supply in Finland shows a consistent increase from 2024 through 2028, starting at 3.3 Thousand Tonnes of Oil Equivalent (ktoe) in 2024 and reaching 4.19 ktoe by 2028. Compared to 2023, where the actual supply was 3.1 ktoe, this represents an overall positive trend. The year-on-year variation is steady with an approximate increase of 6-7% each year. Over the last two years, the trend continues towards expansion. The Compound Annual Growth Rate (CAGR) indicates an average annual growth of approximately 7% over the five-year period, reflecting a strong and growing sector.
Future trends to watch for include advancements in solar thermal technologies that could improve efficiency and reduce costs, government policies promoting renewable energy, and potential market integration of solar thermal with other renewable energy sources. Additionally, external economic and geopolitical factors may also impact the pace and scale of deployment in Finland's solar thermal energy sector.
