Forecast: Wind Energy Consumption in Middle East

The consumption of wind energy in the Middle East has shown an upward trend from 2013 to 2023, with the consumption standing at 0.032 Exajoules in 2023. Over the last two years, the year-on-year growth rates were 14.29% in 2023 and 3.7% in 2022. The Compound Annual Growth Rate (CAGR) for the past five years is 17.98%. From 2024 onward, data shows an anticipated continuous increase, reaching 0.043 Exajoules by 2028 with a CAGR of 4.81%.

Future trends to watch for include technological advancements in wind energy, government policies boosting renewable energy adoption, and potential investments in wind energy infrastructure. These factors could significantly influence the rate of growth and consumption of wind energy in the region.