The energy supply of electricity in Denmark has shown significant volatility over the past decade. Starting with a low base in 2013, there were substantial increases between 2014 and 2015, followed by a decline in 2016 and 2017. From 2018 onwards, the supply generally trended upwards, culminating in a value of 25.85 thousand terajoules in 2023. Key variations included a remarkable 163.86% increase in 2014 and a significant drop of 29.26% in 2021, with a recent rise of 5.7% in 2023.
Looking forward, the forecast data from 2024 to 2028 suggests a steady rise in energy supply, with an average annual growth rate (CAGR) of 3.67% and a total increase of 19.77% over the five-year period. This indicates a stable and upward trajectory for Denmark's electricity supply.
Future trends to watch include technological advancements in renewable energy, policy changes regarding energy sustainability, and Denmark's ongoing efforts to reduce carbon emissions, which could significantly impact the energy supply landscape.
