The renewable energy supply in Norway as a percentage of Total Primary Energy Supply has shown a steady increase in the forecast from 2024 to 2028. Year-on-year percentage variations indicate a gradual but consistent rise: 0.2% in 2026 from 2025, 0.4% in 2027 from 2026, and 0.1% in 2028 from 2027. The forecasted CAGR for the period is modest, reflecting stable growth. In 2023, the renewable energy supply stood at 49.8%, revealing a minor increase as we step into 2024.
Future trends to watch for include advancements in renewable energy technologies, policy changes favoring green energy, and shifts in energy consumption patterns. Continued investments and developments in infrastructure could further enhance the growth of renewable energy share in Norway's energy mix.
