The Primary Solid Biofuels Gross Electricity Production in Sweden saw significant fluctuations over the past decade. Production peaked at 964.75 toe in 2019, followed by a decline to 816.94 toe in 2020. By 2023, production rebounded to 1010.0 toe. Year-on-year variation showed notable volatility with significant drops and recoveries, such as the 15.32% decline in 2020 followed by a 17.61% increase in 2021. Over the last two years, production rose by 5.52% annually, and the CAGR over the previous five years stood at 2.8%. Projected values forecast moderate growth, anticipating a production level of 1120.0 toe by 2028, indicating a steady 1.63% CAGR.
Future trends to watch for include technological advancements in biofuel efficiency, government policies supporting renewable energy, and market demand shifts affecting production output. Additionally, climate change initiatives and international energy market dynamics will significantly influence the trajectory of biofuel electricity production in Sweden.