Forecast: Bioenergy Gross Electricity Production in Sweden

From 2013 to 2019, Sweden's bioenergy gross electricity production demonstrated fluctuating trends with both declines and increments. The year-on-year increase peaked in 2021 (17.12%) and declined slightly thereafter. The Compound Annual Growth Rate (CAGR) over 5-year periods varied, with a forecasted increase of 2.62% from 2023 to 2028, resulting in a 13.83% overall growth. Starting from a value of 13.09 TWh in 2021, it is expected to grow to 16.58 TWh by 2028.

Looking ahead, factors like policy initiatives, technological advancements in bioenergy conversion, and investment in renewable energy infrastructure could drive bioenergy's contribution to Sweden's electricity mix. Monitoring these trends is crucial for understanding future growth trajectories.