Forecast: Net Electricity Production of Electricity in Sweden

In 2023, Sweden's net electricity production stood at a certain level. Forecasted data for the subsequent years show steady growth in electricity production: 167.03 Thousand Gigawatthours in 2024, 167.67 in 2025, 168.31 in 2026, 168.95 in 2027, and 169.57 in 2028. Year-on-year variation indicates incremental growth, reflecting consistent upward trends. The cumulative average growth rate (CAGR) over this five-year period is modest but positive, pointing to gradual yet persistent increases in production capacity.

Future trends to watch for include advancements in renewable energy technologies and policies aimed at reducing carbon emissions, which may further influence Sweden's electricity production landscape. Also, shifts in consumer behavior and potential energy storage enhancements could significantly impact the balance between electricity supply and demand.