Key Market Indicators
Estonia's wind energy capacity is projected to experience minimal growth over the next five years. By 2028, the country's wind capacity is expected to reach approximately 317 megawatts, up from 316 megawatts in 2023. This represents an average annual growth rate of 0%. Since 2007, Estonia's wind energy supply has seen a modest increase of 0.4% annually. In 2023, Estonia was ranked 25th globally in wind capacity, with Hungary surpassing it at 316 megawatts. Leading the rankings, Spain, the United Kingdom, and France held the second, third, and fourth positions, respectively. On the consumption front, Estonia's wind power usage is anticipated to remain stagnant. By 2028, consumption is expected to hover around 0.01 exajoules, the same level as in 2023. This marks an annual compound decrease of 3.6%. Since 2010, Estonia's wind power demand has shown no significant change. In 2023, the country was ranked 23rd in wind power consumption, with the Czech Republic overtaking it at 0.01 exajoules. The United Kingdom, Spain, and France occupied the second, third, and fourth spots in the rankings, respectively.