Forecast: Wind Power Gross Electricity Production in the Netherlands

The wind power gross electricity production in the Netherlands has shown a robust growth from 2013 to 2023, with a significant year-on-year increase, especially notable in years 2015, 2017, and 2020. The Compound Annual Growth Rate (CAGR) has fluctuated, peaking at 17.12% in 2021, indicating a strong upward trend in production capacity. Looking ahead from 2023 to 2028, the forecasted 5-year CAGR is 6.8%, suggesting a steady, albeit slower, growth rate. This projected slowdown underscores the need for continued investment and innovation in wind technology to maintain growth momentum.

Future trends to watch include advancements in offshore wind technology, integration of wind power into the national grid with smarter, more efficient storage solutions, and policy developments aimed at bolstering renewable energy commitments. These factors will be crucial in sustaining growth rates and achieving long-term sustainability targets.