Forecast: Total Electricity Generation in Spain

The total electricity generation in Spain has shown a consistent and very slight upward trend from 2024 to 2028, starting at 264.63 thousand Gigawatthours in 2024 and reaching 264.76 thousand Gigawatthours by 2028. This translates to a minimal year-on-year growth, averaging approximately 0.015% annually from 2024 to 2028.

In 2023, the total electricity generation stood at 264.63 thousand Gigawatthours. The growth trajectory over these years indicates a very stable market with minor fluctuations, highlighting a phase of saturation or minimal expansion.

Future trends to watch for:

  • Renewable energy integration: Growth driven by policy changes and investment in sustainable energy sources.
  • Technological advancements: Improvements in energy efficiency and storage solutions might alter generation dynamics.
  • Economic and regulatory influences: Market adjustments due to economic conditions and regulatory changes impacting energy policies.