Key Market Indicators
Spanish electricity generation is projected to climb from approximately 303 terawatt-hours in 2023 to around 347 terawatt-hours by 2028. This marks an average annual growth rate of 2%. Since 1990, Spain's electricity supply has consistently increased by about 2% each year. In the global rankings for 2023, Spain held the 16th position, with the United Kingdom surpassing it, also at roughly 303 terawatt-hours. The top spots in electricity generation were occupied by the United States, India, and Russia, coming in at second, third, and fourth place, respectively.
