The pure hydro power electricity production capacity in Sweden stood at 16.36 thousand megawatts (MW) in 2023. Between 2013 and 2023, the capacity exhibited minor fluctuations, but largely remained stable. Notable year-on-year variations include a 2.09% increase in 2015, a 0.84% increase in 2016, and a 0.22% increase in 2017. Conversely, there were slight decreases, such as in 2014 (-3.04%) and 2018 (-0.43%). Over the past five years, the compound annual growth rate (CAGR) has averaged around 0.06%, suggesting minimal overall growth.
Looking forward, the forecast period from 2024 to 2028 anticipates a stable and modest growth rate, with a CAGR of 0.06% and an expected increase of 0.3% by 2028. This points to a gradual increase in hydro power electricity production capacity, maintaining overall stability and modest growth.
**Future Trends to Watch For:**
- Potential influence of climate change on water availability and hydro power generation.
- Technological advancements in hydro power efficiency and infrastructure maintenance.
- The impact of policy changes and renewable energy investments on hydro power capacity growth.
