In 2023, bioenergy available for final consumption in Finland was 113.95 Thousand Gigawatthours. The forecasted data for the following years show a consistent upward trend:
• The value in 2024 is forecasted to be 115.89, reflecting a 1.7% increase year-on-year from 2023.
• Moving to 2025, the value is projected to be 117.84, marking a 1.68% increase from 2024.
• For 2026, the forecast shows 119.78, a 1.65% rise compared to 2025.
• By 2027, it is expected to reach 121.7, a 1.60% increase over 2026.
• Finally, the forecast for 2028 stands at 123.6, showing a 1.56% rise from 2027.
Considering the compound annual growth rate (CAGR), the available bioenergy is expected to grow at an average rate of approximately 1.64% over the five-year forecast period from 2024 to 2028.
Future trends to watch for include advancements in bioenergy technology, potential regulatory changes, and shifts in energy policy that could significantly impact the growth trajectory of bioenergy consumption in Finland. Continued investment in sustainable energy infrastructure and innovation will be crucial for maintaining and accelerating this growth trend.