The production of electricity, gas, steam, and air conditioning supply in Sweden has shown fluctuating trends over the past decade. Starting around 170 Billion SEK in 2013, the value saw a generally declining trend until 2017. However, post-2017, the sector began recovering, with notable peaks in 2018 and 2019 and continued growth, culminating in 207.26 Billion SEK in 2023. The year-on-year growth from 2022 to 2023 was 1.87%, while the Compound Annual Growth Rate (CAGR) over the last five years stood at 3.38%.
Future trends to watch for include:
- Emerging technologies and innovations in renewable energy sources.
- Potential regulatory changes or government incentives affecting the sector.
- Environmental factors and their impact on production capacity and sustainability.
The forecasted CAGR from 2024 to 2028 is 1.44%, indicating a more moderate but steady growth trajectory. The sector's value is projected to reach 227.36 Billion SEK by 2028, reflecting an overall growth rate of 7.39% over this period.