The transformation output of electricity in Poland stood at 14.87 Million Tonnes Of Oil Equivalent (MToe) in 2023. Looking at historical trends, there was notable fluctuation in the year-on-year variations, highlighting both growth and decline. The average annual growth rate (CAGR) from 2018 to 2023 was fairly modest at 0.33%, indicating a relatively stable period with minimal average annual change.
Over the past decade, the highest year-on-year increase occurred in 2021 at 13.66%, while the largest decrease took place in 2020 with a -3.63% drop. Notably, the CAGR indicates a slight upward trend over the years, signifying an underlying steady growth despite occasional volatility.
Looking forward from 2024 onwards, forecasted data predicts a steady increase in electricity output. The average annual growth rate (CAGR) over the next five years is projected at 0.44%, with a total increase of 2.24% expected by 2028.
Future trends to watch for include the impact of renewable energy investments, regulatory changes, and technological advancements in electricity production. These factors could significantly influence the direction and pace of growth in Poland's electricity transformation output.