Renewable power consumption in Finland is forecasted to increase from 0.36 Exajoules in 2024 to 0.46 Exajoules in 2028. For reference, in 2023 the renewable power consumption stood at 0.34 Exajoules. The year-on-year percentage variations are as follows: a 5.9% increase from 2023 to 2024, a 5.6% increase from 2024 to 2025, a 7.9% increase from 2025 to 2026, a 4.9% increase from 2026 to 2027, and a 7.0% increase from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over the last five years is approximately 5.5%.
Future trends to watch for include advancements in renewable energy technologies, policy changes related to energy consumption, and investments in renewable energy infrastructure, which could significantly impact the projected growth rate. Additionally, Finland’s alignment with EU renewable energy targets will be a critical factor in shaping the future consumption trends.
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