Renewable electricity production in Poland has shown a consistent upward trend from 2013 to 2023, with a value standing at 19.01 in 2023. The past decade demonstrates periods of strong growth interspersed with minor setbacks, such as the decreases in 2016 and 2018. Year-on-year variations over the last two years show an increase of 6.74% in 2022 and a more moderate growth of 4.45% in 2023. The Compound Annual Growth Rate (CAGR) over the past five years stands at 8.33%.
Forecast data from 2024 to 2028 predict a continuation of this positive trend, with future values reaching up to 22.96 by 2028. The forecasted 5-year CAGR is estimated at 3%, with an overall growth rate of 15.9% during this period, indicating a sustained but more tempered growth trajectory.
Future trends to watch for:
- Policy changes and government incentives for renewable energy.
- Advancements in renewable technology and infrastructure.
- Market demand shifts driven by environmental and sustainability goals.
- Impact of global economic factors on energy investments.
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