Forecast: Electric Power Generation, Transmission and Distribution Turnover in Sweden

The electric power generation, transmission, and distribution industry in Sweden has experienced significant fluctuations over the past decade. After a peak in 2013, there was a consistent decline up to 2018, followed by modest rebounds and further decreases due to possibly economic or regulatory factors. As of 2023, the industry's turnover stood at 20.28 billion Euros, presenting a year-on-year increase of 2.56% and an average annual growth rate (CAGR) of 0.62% over the past five years.

Looking ahead to 2024 and beyond, the forecasts suggest stability with minimal variations, expected to remain around the current level of approximately 20.24-20.27 billion Euros through 2028. This outlook is characterized by almost negligible annual growth, a forecast CAGR of -0.03%, and a forecasted 5-year growth rate of -0.16%.

Future trends to watch for include:

• Technological advancements in renewable energy sources impacting the operational capacities of existing power infrastructure.
• Regulatory changes focusing on reducing carbon footprints and adherence to EU energy policies.
• Potential economic impacts and shifts in consumer energy consumption patterns driven by broader economic trends.
• Investment in smart grid technologies enhancing the efficiency and reliability of power transmission and distribution.