From 2013 to 2023, Finland's renewable power generation increased from 0.15 exajoules to 0.28 exajoules, marking an 86.67% rise. Each year's growth varied, with noteworthy upticks in 2017 (13%), 2018 (12%), and 2021 (12%). The overall Compound Annual Growth Rate (CAGR) over the last five years was 6.59%. Despite a dip in 2020, the trend remained upward, ending 2023 at 0.28 exajoules.
Future projections anticipate a steady increase. By 2028, the generation is set to reach 0.36 exajoules, reflecting a 20.47% rise over five years and a forecasted CAGR of 3.79%. Critical future trends to watch include advancements in renewable technologies, policy shifts favoring green energy, and financial investments in sustainable sources.