Forecast: Share of Renewable Energy Sources in Sweden

From 2013 to 2023, Sweden's share of renewable energy sources increased significantly from 50.15 to 65.27 units. Over the last two years, the year-on-year growth rates were around 3.89% and 2.12%, indicating a steady increase. The five-year CAGR leading up to 2023 was approximately 4.16%, highlighting strong momentum in the adoption of renewable energy. Forecasts suggest that by 2028, this share will reach 71.89 units, marking a five-year growth rate of 7.93% with a CAGR of 1.54%.

Future trends to watch for include advancements in renewable energy technologies, government policies promoting green energy, and potential shifts in energy consumption patterns driven by climate goals. The continuous rise in the adoption of renewable sources indicates a broader transition towards sustainable energy in Sweden.