The Electricity, Gas, Steam, and Air Conditioning Supply industry in Denmark exhibited fluctuating turnover from 2013 to 2023. Turnover peaked at €42.62 billion in 2019 and dropped significantly in 2020, reflecting a volatile market. Despite this, the industry rebounded with a notable increase in subsequent years, reaching €45.48 billion in 2023. Between 2022 and 2023, a growth of 8.2% was observed. The CAGR over the past five years stands at 2.94%, indicating moderate annual growth.
Looking forward, the industry is expected to grow steadily with forecasted annual increases, culminating in €50.09 billion by 2028. The future CAGR is projected at 1.53%, reflecting moderate and stable growth. Key trends to monitor include the impact of energy transition policies, the adoption of renewable energy technologies, and regulatory changes that may affect market dynamics.
