In 2023, Denmark's Solar Photovoltaic (PV) energy supply was valued at 132.44 Thousand Tonnes of Oil Equivalent. Forecast data from 2024 to 2028 shows a consistent upward trend, with a significant year-on-year increase in solar PV energy supply. Specifically, the energy supply is projected to grow from 142.03 in 2024 to 180.89 in 2028.

Key observations:

The year-on-year growth rates are approximately 6.88%, 6.87%, 6.00%, and 5.63% from 2024 to 2025, 2026, 2027, and 2028, respectively.
The Compound Annual Growth Rate (CAGR) from 2023 to 2028 is expected to be around 6.39%.

Future trends to watch for:

Increasing adoption and technological advancements in solar PV technologies.
Government policies and incentives aimed at promoting renewable energy sources.
Potential market disruptions due to economic fluctuations or technological breakthroughs in energy storage and grid integration.