The electricity trade turnover in Denmark stood at 45.23 billion euros in 2023. The forecasted figures show a consistent increase in the coming years: 49.99 billion euros in 2024, 54.79 billion euros in 2025, 59.56 billion euros in 2026, 64.28 billion euros in 2027, and 68.96 billion euros in 2028. The year-on-year percentage increases are as follows:
- 2024: +10.52%
- 2025: +9.61%
- 2026: +8.69%
- 2027: +7.93%
- 2028: +7.27%
The Compound Annual Growth Rate (CAGR) for the five-year period from 2024 to 2028 is approximately 8.39%, reflecting a robust and steady growth trend in the electricity trade turnover.
Future trends to watch for:
- Increased adoption of renewable energy sources may significantly impact the electricity trade dynamics.
- Advances in grid technology and energy storage solutions may enhance efficiency and reliability.
- Policy changes and government regulations related to energy trade and green energy initiatives could further influence the market.
