Analysis of the energy supply of heat in Austria shows significant fluctuations over the past decade. From 2013 to 2017, the market experienced a volatile trend with notable year-on-year variations, including a sharp decrease in 2017. The period from 2018 to 2023 showed more stability, although 2020 marked a substantial dip, reflecting a challenging year. However, the following two years exhibited a recovery, with a more positive growth trajectory. In 2023, the supply stood at 4.6 Thousand Tonnes of Oil Equivalent, continuing to grow modestly.
Looking ahead, the forecast indicates steady growth from 2024 onwards, with the value expected to reach 4.83 Thousand Tonnes of Oil Equivalent by 2028. The compound annual growth rate (CAGR) for the next five years is projected at 0.76%, indicating a sustained but moderate upward trend.
Future trends to watch for include the impact of renewable energy policies, technological advancements in heating efficiency, and potential economic factors affecting energy consumption. These elements could significantly alter supply dynamics in the long term.
