Forecast: Coking Coal Energy Supply in Spain

The energy supply of coking coal in Spain has seen significant fluctuations over the past decade, reflecting both market dynamics and a shift towards alternative energy sources. From 2013 to 2023, the value decreased notably from 16.98 to 6.28 Thousand Gigawatthours. The largest yearly drop occurred in 2019 (-45.6%), followed by another steep decline in 2020 (-20.81%). Remarkably, 2021 saw a sharp rebound of 114.54%, but this was not sustained, as 2022 and 2023 experienced decreases of 42.46% and 8.08%, respectively. Over the last five years, the compounded annual growth rate (CAGR) has been -13.34%.

Future trends to watch for:

  • Continued reduction in coking coal energy supply, with predicted negative CAGR of -16.84% from 2024 to 2028.
  • An overall anticipated decrease of 60.23% in energy supply by 2028, suggesting a strong shift towards other energy sources or efficiency improvements.
  • The impact of governmental policies promoting renewable energy sources and concerns over environmental sustainability.

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