Forecast: Primary Energy Supply in Sweden

The primary energy supply in Sweden, expressed in Million Tonnes Of Oil Equivalent (MTOE), is forecasted to slightly decline from 47.62 in 2024 to 47.45 in 2028. Notably, the energy supply in 2023 stood at 47.68 MTOE. Year-on-year, the variation indicates marginal declines of approximately 0.10% annually. Over the last two years, the drop is consistent with the same trend, while the Compound Annual Growth Rate (CAGR) over the five-year period is around -0.11%, reflecting a gradual decrease.

Future trends to watch for include advancements in renewable energy technologies, changes in energy policy, and shifts in industrial energy consumption patterns, all of which could significantly influence Sweden's primary energy supply dynamics.