In 2023, Sweden's wind power production stood at 2.81 million tonnes of oil equivalent. Forecasted data from 2024 to 2028 indicates a consistent increase in wind power production, starting from 3.01 in 2024 to 3.86 million tonnes of oil equivalent by 2028. This constitutes year-on-year growth rates of approximately 7.3% from 2024 to 2025, 6.5% from 2025 to 2026, 6.1% from 2026 to 2027, and 5.8% from 2027 to 2028. The compound annual growth rate (CAGR) over the five-year period is projected to be around 6.8%.
Future trends to watch for include technological advancements in turbine efficiency, changes in governmental energy policies, and potential market shifts due to global economic conditions. Increased investments in renewable energy infrastructure and potential regulatory incentives could further accelerate growth in the wind power sector.
