In analyzing the renewables and biofuels production forecast for Sweden from 2024 to 2028, it's clear that there is a consistent upward trend in energy output. In 2023, the production stood at 950.34 thousand terajoules. Forecasts show an increase to 963.07 thousand terajoules by 2024, marking a steady year-on-year growth pattern reaching 1013.1 thousand terajoules by 2028. This represents a Compound Annual Growth Rate (CAGR) of approximately 1.6% over the five-year period.
Year-on-year growth percentages show a progressive increase:
- 2025: 1.32%
- 2026: 1.29%
- 2027: 1.27%