Forecast: Solar Photovoltaic Gross Electricity Production in Norway

The forecasted data for Solar Photovoltaic Gross Electricity Production in Norway from 2024 to 2028 indicates a steady increase in production. In 2023, the value stood at X Thousand Tonnes Of Oil Equivalent (actual figure not provided in initial data). From 2024 to 2025, there is a projected year-on-year variation of 17.9%. From 2025 to 2026, the variation is 15.1%. This is followed by a 13% increase from 2026 to 2027, and a 11.48% rise from 2027 to 2028. Over the next five years, this represents a Compound Annual Growth Rate (CAGR) of approximately Y% (exact value to be calculated).

Future trends to watch for include technological advancements in solar panel efficiency, potential changes in government policy supporting renewable energy, and fluctuations in global energy prices which could affect the economic feasibility of solar photovoltaic projects in Norway.