According to the forecasted data, the supply of solar thermal energy in Austria is expected to decrease slightly over the five-year period from 2024 to 2028. In 2023, the actual supply stood at 2.03 thousand gigawatthours. The projected values for 2024 (2.02), 2025 (2.00), 2026 (1.99), 2027 (1.98), and 2028 (1.97) indicate a gradual decline.
Year-on-year variations show a consistent decrease:
- 2024 vs. 2023: -0.49%
- 2025 vs. 2024: -0.99%
- 2026 vs. 2025: -0.50%
- 2027 vs. 2026: -0.50%
- 2028 vs. 2027: -0.51%
The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 is -0.59%, reflecting a moderate but steady decline in solar thermal energy supply.
Future trends to watch for include technological advancements in efficiency, potential government incentives for renewable energy, and possible increases in demand for sustainable energy sources that could influence the supply dynamics positively.
