The wind power gross electricity production in Finland has experienced significant growth over the past decade. Starting at 773.69 GWh in 2013, actual production reached 10,660 GWh by 2023, indicating substantial growth driven by investment in wind energy infrastructure and favorable policy support. Year-on-year variation shows a fluctuating trend, with substantial increases such as 110.21% in 2015, and more stable recent growth with 9.88% in 2023. The Compound Annual Growth Rate (CAGR) demonstrates this trend with a peak at 57.53% in 2017 and a steady 12.8% in 2023.
Forecasts from 2024 to 2028 suggest continued growth, albeit at a slower rate with a five-year CAGR of 5.69%, reflecting a maturing market. By 2028, production is expected to reach 15,320 GWh, resulting in a cumulative growth rate of 31.91% over this period.
Future trends to watch for include technological advancements in turbine efficiency, potential policy changes impacting renewable energy incentives, and the integration of wind power with other renewable sources to enhance grid stability and capacity. Monitoring these developments will be crucial for understanding the trajectory of wind power production in Finland.