Belgium's wind power energy supply has shown a consistent upward trend over the past decade. In 2023, the wind power energy stood at 53.61 thousand terajoules, reflecting a year-on-year increase of 8.72%. Over the last two years, the sector saw an average annual growth rate of 11.44%. The compound annual growth rate (CAGR) for the last five years has been 14.48%, demonstrating robust growth in the renewable energy sector.
Forecasted data indicates continued steady growth, with wind power supply expected to reach 74.48 thousand terajoules by 2028, reflecting a CAGR of 5.18% over the forecasted period. This represents a growth rate of 28.7% over the next five years.
Future trends to watch for include advancements in wind turbine technology, government policies promoting renewable energy, and the integration of wind energy into smart grids to enhance efficiency and stability of supply.
