The production of electricity, gas, steam, and air conditioning supply in Austria has demonstrated variable trends over the past decade. Between 2013 and 2023, the sector experienced fluctuations with notable declines in 2014 and 2016. However, impressive rebounds were seen in 2017, 2018, and from 2021 onwards. The most recent year-on-year growth in 2023 stood at 1.8%, positioned at a value of 35.32 Billion Euros. Over the last five years leading up to 2023, the CAGR achieved was subdued at 1.26%. Forecasts from 2024 to 2028 indicate steady growth, with a five-year CAGR forecasted at 1.39%, implying moderate but consistent expansion in the sector.
For future trends, focus on:
- Increased investment in renewable energy sources and the impact on production values.
- Technological advancements in energy efficiency and sustainability.
- Regulatory changes and their implications on market dynamics and supply chain structures.
- Economic factors influencing consumption patterns and demand for energy-related services.
- The geopolitical landscape affecting energy imports and exports.