According to forecasted data, the electricity transmission production value in Finland is expected to grow from €946.1 million in 2024 to €1080.0 million by 2028. Year-on-year variations are as follows:
Year | Production Value (Million Euros) | Year-on-Year Variation (%) |
---|---|---|
2024 | 946.1 | - |
2025 | 980.42 | 3.63% |
2026 | 1010.0 | 3.01% |
2027 | 1050.0 | 3.96% |
2028 | 1080.0 | 2.86% |
The compound annual growth rate (CAGR) from 2024 to 2028 is approximately 3.38%.
Future Trends to Watch
Future trends to watch include increasing investments in renewable energy infrastructure, advancements in smart grid technology, and regulatory changes impacting electricity transmission. The demand for efficient transmission systems is expected to rise, driven by growth in renewable energy sources and energy consumption.