Austria's electric power generation, transmission, and distribution industry turnover has displayed fluctuations between 2013 and 2023, beginning at €25.58 billion in 2013 and recovering to €26.2 billion by 2023. The market faced a significant dip from 2013 to 2016, followed by a period of growth from 2017 onwards. High variability was observed in year-on-year changes, including a notable dip in 2014 and a substantial recovery in 2017. The compound annual growth rate (CAGR) for the past five years (2019-2023) stands at 1.78%.
Future projections indicate a steady yet modest rise. From 2024 to 2028, the turnover is expected to grow, reaching €27.16 billion by 2028, with a forecasted 5-year CAGR of 0.57%. This anticipated growth suggests stability and a gradual increase in turnover.
Future trends to watch for in Austria's electric power sector include increased investment in renewable energy sources, advancements in energy storage technology, and digital transformation within the grid infrastructure. These factors could significantly influence turnover and industry dynamics in the coming years.
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