The Gross Electricity Production of biogases in Sweden has seen significant fluctuations over the years. Starting from 20 Gigawatthours in 2013, it decreased noticeably until 2018, hitting a low of 10 Gigawatthours in 2018. Post-2018, the values showed a trend of recovery to reach 15.39 Gigawatthours in 2023, with a stable upward trend predicted from 2024 onwards albeit with minimal growth reaching 15.46 Gigawatthours by 2028.
The year-on-year variation from 2022 to 2023 stands at 9.15%, indicating a notable increase. Over the past five years, the Compound Annual Growth Rate (CAGR) averaged out positively at 9% per year, notably reversing the earlier trend of decline.
Future trends to watch for include:
- Potential stability in the biogas electricity production with minimal growth as suggested by the forecasted 5-year CAGR of 0.07% and overall growth rate of 0.34% by 2028.
- Innovation in biogas technology and renewable energy policies in Sweden could significantly impact the production levels.