In 2023, Sweden's hydroelectricity generation stood at 68.83 TWh. The historical data from 2013 to 2023 revealed fluctuations, with significant variations year-on-year. Notably, 2020 saw a 10.7% increase, but by 2023, there was a 1.33% decrease. The last five years showed a compound annual growth rate (CAGR) of 2.06%. Looking ahead to 2028, the forecasted CAGR is minimal at 0.02%, indicating a stabilized trend.
Future trends to watch for include:
- Potential impacts of climate change on water supply and hydroelectric production capacity.
- Technological advancements that could enhance efficiency and generation capacity.
- Policy and regulatory changes aimed at boosting renewable energy targets in Sweden.
