Key Market Indicators
**Irish Wind Capacity to Hit 4,800 Megawatts by 2028** Ireland's wind energy capacity is projected to reach approximately 4,800 megawatts by 2028, up from around 4,500 megawatts in 2023. This represents an annual growth rate of 1.1%. Over the long term, since 1997, Ireland's wind capacity has experienced an average yearly increase of 4.2%. In 2023, Ireland ranked 14th globally in wind capacity, with Greece narrowly surpassing it at 4,510 megawatts. Topping the list were Spain, the United Kingdom, and France, respectively occupying the second, third, and fourth positions. **Wind Power Consumption to Rise to 0.15 Exajoules by 2028** Ireland's wind power consumption is forecast to reach 0.15 exajoules by 2028, up from 0.12 exajoules in 2023. This marks an annual growth rate of 3.9%. Since 2002, the country's demand for wind power has increased by an average of 7.2% per year. In 2023, Ireland held the 14th spot globally for wind power consumption, just behind Finland at 0.12 exajoules. Leading the rankings were the United Kingdom, Spain, and France, in second, third, and fourth places, respectively.
