The onshore wind power electricity production capacity in Denmark stood at 4.97 thousand megawatts in 2023, indicating steady growth from 2013. From 2013 to 2023, the production capacity increased with a Compound Annual Growth Rate (CAGR) of 5.31% in 2013, gradually declining to 2.37% in 2023. The year-on-year variations show a consistent positive trend, with annual increases averaging around 2-6% from 2013 to 2023, though there was a slight dip in 2019.
Future trends to watch for:
- Predictable but moderating growth with a forecasted CAGR of 1.93% from 2023 to 2028.
- Potential technological advancements and supportive policy changes that could accelerate growth.
- Increased investments in renewable energy infrastructure.