Forecast: Electricity Generation in Denmark

Electricity generation in Denmark showed considerable fluctuation over the past decade, with a notable dip from 2013 to 2015 before some modest recovery between 2016 and 2017. The generation value stood at 32.85 TWh in 2023. Over the last two years, there was a decrease in electricity generation, including a significant drop of 4.21% in 2023. The 5-year Compound Annual Growth Rate (CAGR) up to 2023 was 1.58%, indicating stable albeit slight growth.

Future trends suggest a very modest increase in electricity generation, with forecasted values stabilizing around 32.90 TWh between 2024 and 2028. The forecasted 5-year CAGR is nearly flat at 0.03%, indicating minimal year-on-year variations. Future developments to monitor include advancements in renewable energy technologies and potential policy changes impacting energy production.