The production of renewables and biofuels in Austria is forecasted to grow steadily from 2024 to 2028. In 2023, the actual production stood at 127.59 thousand gigawatthours. Year-on-year variations reveal a consistent increase: 1.15% from 2024 to 2025, 1.13% from 2025 to 2026, 1.10% from 2026 to 2027, and 1.07% from 2027 to 2028. The compound annual growth rate (CAGR) over the next five years is approximately 1.11% per year.
Future trends to watch for include advancements in renewable technology, government policies promoting clean energy, and shifts in consumer demands towards sustainable power sources. Monitoring these trends will be crucial for understanding the long-term sustainability and economic impact of Austria's renewable energy sector.
