Forecast: Renewable Power Generation in Finland

Renewable power generation in Finland has shown a steady increase from 2013 to 2023, reaching 21.54 Terawatthours in 2023. Over the last two years, there has been a year-on-year variation of 3.13% in 2022 and 3.02% in 2023. The compound annual growth rate (CAGR) over the last five years has averaged 2.74%. The forecasted data from 2024 onwards indicates a continuation of this growth trend, with projected values reaching 24.65 Terawatthours by 2028, signifying a forecasted 5-year CAGR of 2.15% and an overall growth rate of 11.2%.

Future trends to watch for include advancements in renewable energy technologies, policy changes promoting green energy, and increased investments in sustainable energy infrastructure. These factors are likely to drive the long-term growth and development of Finland's renewable power generation capabilities.