The renewable energy supply in Sweden has seen various fluctuations over the past decade. In 2023, it stood at 47.14 units of Total Primary Energy Supply. There was a noticeable rise from 2013 to 2015, falling in 2016 and 2018 with significant growth in 2020. The last two years showed moderate growth rates of 2.77% and an average annual CAGR of 5.11% over the last five years. The forecast from 2024 to 2028 depicts a steady growth trajectory with a projected 5-year CAGR of 1.98%, achieving a total increase of 10.31% by 2028.

Future Trends to Watch For:

Technological advancements in renewable energy will continue shaping growth rates.
Government policies and regulatory support will be critical for sustained momentum.
Investment in infrastructure and innovation will drive long-term sustainability.