The inland demand for electricity in Sweden has shown significant fluctuations over the past decade. From 2013 to 2022, the year-on-year variation ranged from -4.27% to 5.47%, with the Compound Annual Growth Rate (CAGR) oscillating between -1.53% and 0.87%. Notably, the demand saw declines in 2020 (-2.82%) and 2022 (-4.27%) before rising again in 2023 by 1.62%. The forecast for 2023 to 2028 suggests a moderate upward trend, with a 5-year CAGR of 0.08%.
Future trends to watch include the impact of Sweden’s green energy initiatives and technological advancements in energy efficiency, which may influence demand patterns. Additionally, economic factors and population growth could significantly affect energy consumption trends in the coming years.
