The wind power energy supply in Finland has shown significant growth over the past decade, with a noticeable upward trajectory. In 2023, the supply stood at 38.33 thousand Terajoules. Year-on-year, the variation fluctuated, exhibiting a strong increase of 110.21% in 2015, and steady growth such as 37.03% in 2020. The last two years saw more moderate increases of 13.94% in 2022 and 9.83% in 2023. The compound annual growth rate (CAGR) for the last five years, ending in 2023, was 12.77%, signaling robust development in Finland’s wind energy sector.
Looking forward, the forecast suggests continued growth with a five-year CAGR of 5.67%, culminating in a total growth of 31.76% by 2028. This indicates a sustained yet stabilizing expansion of wind power supply.
Future trends to watch for include advancements in wind turbine technology, governmental policies favoring renewable energy, and increased investment in wind farms. These factors will likely influence the renewable energy landscape in Finland, driving further growth and innovation in the sector.
