The total renewable energy in Denmark stood at 44.37% of the Total Primary Energy Supply in 2023. The forecasted values for the subsequent years show a consistent upward trend. Specifically, the year-on-year growth rates are as follows: 4.53% from 2024 to 2025, 4.17% from 2025 to 2026, 3.97% from 2026 to 2027, and 3.82% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is expected to be around 3.91%, indicating a steady increase in the contribution of renewable energy. Over a five-year period, this reveals a sustained commitment to enhancing renewable energy sources.
Future trends to watch for include technological advancements in renewable energy, policy changes promoting green energy, and potential fluctuations in energy demand influenced by socio-economic factors. Monitoring these will provide insights into potential accelerations or obstacles in Denmark's renewable energy trajectory.
