Forecast: Nuclear Energy Consumption in Spain

Between 2013 and 2023, nuclear energy consumption in Spain remained relatively stable, fluctuating slightly around the value of approximately 0.53 Exajoules. The series displays minor year-on-year variations, with notable decreases in 2018 and 2021. As of 2023, consumption stood at 0.52 Exajoules. Over the last five years, the CAGR was a modest 0.54%, reflecting an overall stable trend. Looking forward, the forecast suggests minimal growth, with a projected 0.15% CAGR from 2024 to 2028, indicating continued stability.

Future trends to watch for include:

• The potential impact of governmental policies on nuclear energy utilization.

• Advances in nuclear technology and safety measures influencing consumption patterns.

• The role of nuclear energy within Spain's broader energy mix and its competition with renewable sources.

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