The trend in wind offshore power electricity production capacity in Denmark from 2013 to 2023 shows substantial growth, starting at 1.27 thousand megawatts in 2013 and reaching 2.42 thousand megawatts in 2023. After a series of stagnant years between 2013 and 2016, there were notable increases in 2018 (34.58%) and 2021 (35.56%). The recent two years witnessed modest variations, with a decline of 1.59% in 2022 and an increase of 6.45% in 2023. On average, the CAGR over the last five years is 7.26%.
Moving forward, the forecasted data indicates continuing growth, reaching up to 3.13 thousand megawatts by 2028. The anticipated CAGR from 2024 through 2028 is 4.07%, representing a total forecasted growth rate of 22.07% over five years. The electricity production capacity stands at 2.42 thousand megawatts in 2023.
Future trends to watch for include advancements in wind turbine technology, governmental policies supporting renewable energy, and infrastructure investments aimed at expanding offshore wind power capacities.
