Key Market Indicators
Austrian renewable energy generation is projected to surge to nearly 19 terawatt-hours by 2028, up from approximately 16 terawatt-hours in 2023. This represents an annual compound growth rate of 2.8%. Since 1991, Austria's renewable energy supply has consistently increased by an average of 4.7% per year. In the latest rankings for 2023, Austria secured the 17th spot, with Ireland surpassing it by generating around 16 terawatt-hours. Leading the rankings, the United Kingdom, Spain, and France claimed the second, third, and fourth positions, respectively.
