In 2023, Sweden's hydro power energy supply stood at 243.12 thousand Terajoules. The forecasted data for the years 2024 to 2028 indicate a slight decrease annually, with values of 243.07, 243.01, 242.95, 242.88, and 242.82 thousand Terajoules respectively. This corresponds to a small year-on-year decrease of approximately 0.02% over the last two years.
The Compound Annual Growth Rate (CAGR) for the period from 2024 to 2028 reveals a marginal average decline of 0.02% per year.
Future trends to watch for include the impact of climate change on hydro power resource availability, potential regulatory changes, and technological advancements in energy storage and efficiency. Additionally, monitoring other renewable energy developments that might influence hydro power's role in Sweden's energy mix is crucial.
