In 2023, Spain's coal consumption stood at 0.17 Exajoules. Based on the forecasted data for 2024-2028, coal consumption will see a decrease from 0.16 Exajoules in 2024-2027 to 0.15 Exajoules in 2028. This represents a steady consumption pattern with a small reduction of approximately 6.25% year-on-year from 2027 to 2028.
- 2024: 0.16 Exajoules (Forecast)
- 2025: 0.16 Exajoules (Forecast)
- 2026: 0.16 Exajoules (Forecast)
- 2027: 0.16 Exajoules (Forecast)
- 2028: 0.15 Exajoules (Forecast)
The Compound Annual Growth Rate (CAGR) from 2023 through 2028 is slightly negative due to the minor decline observed in the final year.
Future Trends to Watch For:
Spain's energy transition towards renewable resources and stricter environmental regulations may accelerate the decline in coal consumption further than forecasted. Monitoring policy changes and advancements in renewable energy technology will be crucial in predicting long-term trends accurately.
