Key Market Indicators
Luxembourg's wind capacity is projected to expand to approximately 166 megawatts by 2028, up from around 146 megawatts in 2023. This reflects an annual growth rate of 2%. Since 2001, the country's wind energy supply has increased by an average of 3.5% each year. In 2023, Luxembourg ranked 28th globally in wind capacity. It was surpassed by Cyprus, which also had a capacity of 146 megawatts. Leading the rankings were Spain, the United Kingdom, and France, occupying the second, third, and fourth positions respectively. On the consumption side, Luxembourg's wind power usage is anticipated to remain at zero exajoules from 2023 to 2028, although it is expected to grow by an annual rate of nearly 6%. Since 2010, the country's demand for wind power has risen by an average of 8.5% per year. In 2023, Luxembourg was 26th in wind power consumption, with Estonia ahead at zero exajoules. The United Kingdom, Spain, and France were the top consumers, holding the second, third, and fourth spots in the ranking.