Forecast: Renewables and Biofuels Gross Electricity Production in the Netherlands

The forecasted gross electricity production from renewables and biofuels in the Netherlands shows a consistent upward trend from 2024 to 2028. In 2023, the actual production was 56.4 Thousand GWh, marking a baseline. By 2024, it increased to 63.78, reflecting a 13.1% year-on-year growth. This growth continues with 12% in 2025, 10.5% in 2026, 9.5% in 2027, and 8.6% in 2028. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is approximately 10.7%, indicating robust and sustained growth in renewable electricity production in the Netherlands.

Future trends to watch for include:

  • Advancements in renewable energy technologies and their integration into the grid.
  • Government policies and incentives supporting green energy transitions.
  • Public and private investments in renewable infrastructure.
  • Potential impacts of global economic conditions on renewable energy funding.