In 2023, the net electricity production in Belgium stood at 93.76 thousand Gigawatthours. Starting from 2024, the forecasted net electricity production values show a consistent upward trend, with figures expected to reach 99.07 thousand Gigawatthours by 2028. Analyzing year-on-year variations, there is an approximate increase of around 1.13% from 2024 to 2025 and similar subsequent yearly growth rates. The Compound Annual Growth Rate (CAGR) over the forecasted period from 2024 to 2028 is around 1.32%, indicating a steady increase in electricity production.
Future trends to watch for include:
• The impact of renewable energy policies and technological advancements on the overall electricity production.
• Potential changes in energy consumption patterns due to economic fluctuations or regulatory changes.
• The influence of international energy markets and collaborations on Belgium’s electricity production capacity and infrastructure investments.