Key Market Indicators
Ireland's electricity generation is projected to climb to approximately 38 Terawatt-hours by 2028, up from around 35 Terawatt-hours in 2023. This represents an average annual growth rate of 1.2%. Since 1990, the country has seen an average yearly increase of 2.4% in its electricity supply. In the global rankings for 2023, Ireland held the 61st position, with Hungary surpassing it by producing roughly 35 Terawatt-hours. The top spots in the rankings were dominated by the United States, India, and Russia, which ranked second, third, and fourth respectively.
