Key Market Indicators
Ireland's renewable energy generation is on track to achieve significant growth over the next five years. By 2028, the country's renewable output is projected to reach approximately 24 terawatt-hours, up from around 17 terawatt-hours in 2023. This marks an average annual growth rate of 5.7%. Since 1997, Ireland’s renewable energy supply has seen a robust annual increase of 12%. As of 2023, Ireland ranks 16th globally in renewable generation, with Greece narrowly ahead, also at nearly 17 terawatt-hours. In the broader European context, the United Kingdom, Spain, and France hold the second, third, and fourth positions, respectively, in renewable energy generation.
