Key Highlights
- Renewable energy market includes net generation of electricity through renewable sources. Market is segmented into hydroelectricity, wind, solar PV, biopower, and geothermal. Market volume represents the net volume of electricity produced through renewable means. Market value is calculated by multiplying the amount of electricity produced by the wholesale price.
- The Finnish renewable energy market recorded revenues of $2.72 billion in 2024, representing a compound annual growth rate (CAGR) of 4.4% between 2019 and 2024.
- Market production volume increased with a CAGR of 7.0% between 2019 and 2024, reaching a total of 43,366.6 GWh in 2024.
- In 2024, the Finnish renewable energy production recorded an annual growth of 2.7% due to the substantial increase in installed renewable energy capacity. According to the US EIA, in 2024, the Finnish renewable electricity installed capacity reached 14.3 million kilowatts (kW), up 10.4% annually.
Scope
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the renewable energy market in Finland
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the renewable energy market in Finland
- Leading company profiles reveal details of key renewable energy market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Finland renewable energy market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the Finland renewable energy market by value in 2024?
- What will be the size of the Finland renewable energy market in 2029?
- What factors are affecting the strength of competition in the Finland renewable energy market?
- How has the market performed over the last five years?
- How large is Finland’s renewable energy market in relation to its regional counterparts?
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Fortum Corp
- Pohjolan Voima Oy
- Helen Ltd