Key Market Indicators
Irish electricity generation is projected to climb to approximately 38 Terawatt-hours by 2028, up from around 35 Terawatt-hours in 2023. This growth represents a compound annual growth rate (CAGR) of 1.2%. Since 1990, Ireland's electricity supply has expanded at an annual rate of 2.4%, reflecting steady growth over the decades. As of 2023, Ireland holds the 61st position globally in electricity generation. By comparison, Hungary is marginally ahead, generating roughly 35 Terawatt-hours. Leading the global rankings are the United States, India, and Russia, occupying the second, third, and fourth spots, respectively.
