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Hydro and nuclear power were the main sources of electricity generation in Sweden in 2024, accounting for ** and ** percent of the country’s supply, respectively. Sweden is one of the global leaders in decarbonization, with clean energy sources – including hydropower, nuclear, wind, and solar – representing approximately ** percent of the country’s electricity mix. 

New renewables on the rise

Despite currently making up a small share of the electricity matrix, Sweden’s electricity production from solar PV increased by nearly 100-fold in the last decade, reaching more than terawatt-hours in 2023. Likewise, Sweden’s wind power supply saw significant growth during that time. The country’s renewable energy capacity registered continual growth for more than a decade, reaching **** gigawatts in 2023. 

Electricity consumption in Sweden

Along with fellow Scandinavian countries, Sweden was among the leading electricity consumers per capita in Europe, with more than ** megawatt-hours per person consumed annually. Electricity consumption in Sweden recorded a mostly increasing trend in the past decade, peaking at nearly *** terawatt-hours in 2021.