The nuclear electricity generation in Sweden stood at 65.81 Thousand Gigawatthours in 2023. Analyzing the trend from 2013 to 2023, the data shows fluctuations with periodic increases and decreases. Notably, there were sharp decreases in 2015 (-12.6%) and 2020 (-16.31%) and significant increases in 2016 (11.37%) and 2021 (21.08%). The compound annual growth rate (CAGR) over the last five years (2018-2023) was relatively low, at around 0.0027% year-on-year.
For the period from 2024 to 2028, forecasted data indicates a steady increase in nuclear electricity generation, with a CAGR of approximately 0.38% per annum. By 2028, the value is expected to reach 67.42 Thousand Gigawatthours, highlighting a moderate growth trend in the nuclear sector.
Future Trends to Watch For:
- Advancements in nuclear technology and efficiency improvements.
- Policy changes surrounding nuclear energy and renewable alternatives.
- Investment in new nuclear plants or the decommissioning of older ones.
- Global energy market dynamics affecting nuclear fuel supply and costs.