The forecasted renewable power generation in Austria shows a steady increase from 0.16 Exajoules in 2024 to 0.18 Exajoules by 2028. In 2023, the actual renewable power generation stood at 0.15 Exajoules. This data indicates a gradual year-on-year growth, with a 6.67% increase from 2023 to 2024, followed by annual increases of approximately 6.25% from 2024 to 2025, and 0% from 2025 to 2026. The growth continues with a 5.88% increase from 2026 to 2027, and a stable value from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over the five-year period from 2023 to 2028 is approximately 4.51%.
Future trends to watch for in Austria’s renewable power generation include technological advancements in renewable energy sources, policy changes regarding energy production, increased investments in renewable infrastructure, and shifts in consumer demand towards more sustainable energy options. Monitoring these factors will be critical in predicting the long-term trajectory of renewable energy generation in the country.