From 2013 to 2023, Austria's electricity energy supply fluctuated significantly, peaking in 2015 at 865.14 thousand tonnes of oil equivalent and experiencing a sharp decline by 2019. By 2023, the supply stood at 556.52, showing a recovery from the low of 2020. The year-on-year variation indicates high volatility, with noticeable spikes and drops, especially in 2016, 2019, and 2021.
Recent data reveals:
- From 2021 to 2022, there was a decrease of -21.38%.
- From 2022 to 2023, there was an increase of 9.14%.
The compound annual growth rate (CAGR) from 2023 to 2028 is forecasted to be 1.86%, with an overall growth rate of 9.65% over the same period, indicating a steady, albeit modest increase in supply projected in the coming years. Future trends to watch for include the impact of renewable energy integration, policy changes, and technological advancements on the stability and sustainability of Austria's electricity energy supply.
