In 2023, wind power gross inland consumption in Norway stood at 17.51 Thousand Gigawatthours. Forecasted data indicates robust growth over the next five years, with figures reaching 20.03 in 2024, 22.66 in 2025, 25.27 in 2026, 27.85 in 2027, and 30.41 in 2028, all expressed in Thousand Gigawatthours. This represents a strong upward trend in wind power consumption.
Year-on-year variations show substantial growth rates:
- From 2024 to 2025: 13.11%
- From 2025 to 2026: 11.54%
The Compound Annual Growth Rate (CAGR) over the forecasted five-year period is 11.56%, demonstrating a consistent and significant increase in the consumption of wind power in Norway.
Future trends to watch for include technological advancements in wind turbine efficiency, government policies favoring renewable energy, and increased investment in offshore wind projects. These factors are likely to further accelerate the growth in wind power consumption in the coming years.
