The nuclear heat production of nuclear energy facilities in Finland exhibited a slight fluctuation from 2013 to 2023. In 2023, it stood at 5.49 Million Tonnes Of Oil Equivalent. Year-on-year variation peaked in 2019 with a 4.26% increase, while in 2017, it hit a low with a 3.57% decline. Over the last two years, production showed a minor decrease of 0.22% in 2023. The compound annual growth rate (CAGR) for the past five years up to 2023 indicates an average annual growth of 0.17%. Forecasted values up to 2028 suggest a downward trend with a forecasted five-year CAGR of -0.17%, indicative of an overall decrease of 0.83%.
Future trends to watch for:
- Potential technological advancements in nuclear power that could reverse the forecasted decline.
- Government policies and investments in renewable energy alternatives that may impact nuclear heat production.
- Changes in energy demand and consumption patterns, potentially influenced by economic and environmental factors.