In 2023, Finland's wind power production stood at 0.92 Million Tonnes Of Oil Equivalent (Mtoe). Moving into 2024, this value increases to 1.0 Mtoe, followed by a steady year-on-year rise: 1.09 Mtoe in 2025, 1.17 Mtoe in 2026, 1.25 Mtoe in 2027, and 1.33 Mtoe in 2028. This indicates a consistent growth pattern in wind power production. The year-on-year growth rates from 2024 to 2025, 2025 to 2026, 2026 to 2027, and 2027 to 2028 are approximately 9.0%, 7.3%, 6.8%, and 6.4%, respectively. The compound annual growth rate (CAGR) over the next five years is projected to be around 7.75%.
Future trends to watch for include technological advancements that could further boost efficiency and production, government policies promoting renewable energy sources, and potential fluctuations in energy demand. Monitoring these factors will be crucial for a comprehensive understanding of the wind power market in Finland.
