Key Market Indicators
Slovak electricity generation is projected to see a marginal increase over the next five years. According to industry forecasts, Slovakia's electricity output will reach approximately 27.6 terawatt-hours (TWh) by 2028, up from around 27.5 TWh in 2023. This represents a nearly flat compound annual growth rate (CAGR) of 0% year-on-year. Since 1990, the country's electricity supply has seen a modest increase, averaging a growth rate of 0.4% per year. As of 2023, Slovakia ranks 66th globally in electricity generation. In comparison, Azerbaijan has slightly surpassed Slovakia, generating about 27.5 TWh. The top spots in global electricity generation are held by the United States, India, and Russia, which rank second, third, and fourth, respectively.
