Between 2013 and 2022, hydro power production in Finland has experienced fluctuations, peaking in 2015 at 16.77 TWh and hitting a low in 2022 at 14.59 TWh. Year-on-year variation was significant, with the most notable increase occurring in 2020 (27.88%) and the largest decline in 2013 (-23.85%). The projected Compound Annual Growth Rate (CAGR) for 2023-2028 is a modest 0.28%, indicating a stable but slow growth trend.
Future Trends
The Finnish hydro power sector shows a stable growth trajectory with a forecasted 5-year CAGR of 0.28%, suggesting incremental increases in production. Trends to watch include technological advancements in hydro power efficiency, potential changes in environmental regulations, and the impact of climate change on water availability.