Wind power production in Spain stood at 68.15 Thousand Gigawatthours in 2023. For the forecasted years, from 2024 to 2028, production is expected to rise steadily. Specifically, it increases from 70.63 in 2024 to 81.68 in 2028, showing a clear upward trend.
Year-on-year variations show the following:
- 2024: ∼3.64% increase
- 2025: ∼3.97% increase
- 2026: ∼3.78% increase
- 2027: ∼3.61% increase
- 2028: ∼3.45% increase
The compound annual growth rate (CAGR) over the forecast period (2024 to 2028) stands at approximately 3.69% per annum.
Future trends to watch for include technological advancements in wind turbine efficiency, government policies promoting renewable energy, and investments in grid infrastructure to handle higher capacities of wind-generated electricity.
