Sweden is well ahead of its 2030 renewable energy goals, so much so that the country may hit its renewable generation target this year.

Sweden and Norway established a common electricity certificate market in January 2012, at which time the two countries pledged to increase renewable energy production by 28.4 TWh by 2020. In June 2017, Swedish parliament voted to increase renewable generation by an additional 18 TWh before 2030.

The country’s heavy investment in wind energy is driving the increased generation. Sweden will have completed 3,681 turbines by the end of 2018, with a capacity of 7,506 MW and estimated annual production of 19.8 TWh. The completion of in-progress projects will satisfy the 2012 joint energy goal and move Sweden considerably closer to its 2030 goal.

“15.2 TWh of renewable energy projects are in construction today, of which 11.6 TWh is wind power,” said Swedish Energy Agency analyst Markus Selin in an interview with World Economic Forum.

“The joint goal of 28.4 TWh will be exceeded by about 10 TWh. This leaves about 8.7 TWh of the Swedish ambition increase of 18 TWh.”

Sweden’s lofty renewable energy targets lead the already ambitious efforts adopted by European Union countries. The country is striving for 100 percent renewable generation by 2040, and zero net greenhouse gas emissions by 2045.