The gross inland consumption of solar photovoltaic (PV) in Poland has witnessed remarkable growth from 2013 to 2023. In 2023, the consumption stood at 28,150 Terajoules, showing a significant year-on-year increase of 32.87%. Observing the trend over a longer period, PV consumption has seen substantial yearly variations, peaking with astonishing percent changes, particularly in the early years where the market was relatively nascent. A notable rise in 2020 highlights a more than doubling in consumption compared to 2019. However, growth rates began to moderate post-2021 with a steady yet slower year-on-year increase observed through 2023. Over the last five years preceding 2024, the compound annual growth rate (CAGR) averaged 91.89%, indicating robust market expansion.
Looking forward, the forecast predicts continued but moderating growth in solar PV gross inland consumption in Poland. From 2024 to 2028, a CAGR of 12.06% is expected, reflecting a more stabilized and mature market. The potential total growth rate over these five years is forecasted at 76.74%. Key trends to watch for include technological advancements in solar efficiency, policy shifts favoring renewable energy, and increased investment in solar infrastructure, which could drive further growth in the sector.
