Forecast: Bioenergy Gross Electricity Production in Finland

Bioenergy gross electricity production in Finland is forecasted to increase steadily from 2024 to 2028. In 2023, the production stood at 47.30 thousand terajoules. There is a year-on-year growth projected as follows: 1.54% in 2024, 1.54% in 2025, 1.52% in 2026, 1.47% in 2027, and 1.43% in 2028. This consistent growth translates to a compound annual growth rate (CAGR) of approximately 1.50% over the five-year period from 2024 to 2028.

Future trends to watch for include technological advancements in bioenergy production, government policies promoting renewable energy, and potential economic factors affecting energy demand. Monitoring these trends will be crucial for forecasting beyond 2028 and understanding the long-term potential and challenges of bioenergy in Finland.