Key Market Indicators
Portuguese Wind Capacity is projected to reach approximately 6,630 megawatts by 2028, up from 5,800 megawatts in 2023. This represents an average annual growth rate of 2.1%. Since 1995, the country's wind capacity supply has grown at an average rate of 2.3% per year. In 2023, Portugal ranked 12th globally in wind capacity, with Belgium surpassing it with a similar 5,800 megawatts. Spain, the United Kingdom, and France held the 2nd, 3rd, and 4th positions, respectively. Portuguese Wind Power Consumption is expected to reach 0.13 exajoules by 2028, maintaining the same level from 2023. This indicates a modest compound annual growth rate (CAGR) of 0.6%. Since 2003, the country's wind power demand has increased by an average of 0.8% annually. In 2023, Portugal was ranked 11th in global wind power consumption, with Norway slightly ahead at 0.13 exajoules. The United Kingdom, Spain, and France were ranked 2nd, 3rd, and 4th, respectively.
