Forecast: Energy Supply of Electricity in Denmark

In 2023, Denmark's electricity supply stood at 7.20 Thousand Gigawatthours. Moving into the forecasted data for 2024, the supply is expected to reach 7.56, representing a year-on-year increase of 5%. By 2025, the value is projected to rise by another 5%, reaching 7.94. The upward trend continues with an 8% growth in 2026, reaching 8.32. For 2027 and 2028, the electricity supply is forecasted to grow by 4% and 4% respectively, resulting in 8.69 and 9.06 Thousand Gigawatthours. The compounded annual growth rate (CAGR) over the five years from 2023 to 2028 is approximately 5.8%.

Future trends to watch for include advancements in renewable energy sources, the impact of governmental policies on energy production, and the evolution of energy storage technologies. Monitoring these factors will be crucial to understanding the dynamics of Denmark's electricity supply in the coming years.