The share of renewable energy sources in heating and cooling in Finland stood at 53.81 Units in 2023. Historically, from 2013 to 2020, there was a steady increase in renewable energy share, peaking at 57.62 Units in 2020, followed by a dip in 2021, and a gradual recovery since. The year-on-year variation from 2022 to 2023 shows a modest increase of 0.81%. The last five years indicate a compound annual growth rate (CAGR) of 0.5%, while the forecasted growth rate over the next five years is 2.54%.
Future trends to watch for include the adoption of advanced renewable technologies, government policies promoting green energy, and international cooperation on climate change initiatives which may further accelerate the integration of renewable sources in Finland's heating and cooling sector.
