Forecast: Solar Photovoltaic Gross Electricity Production in Poland

The solar photovoltaic gross electricity production in Poland has shown a significant upward trend from 2013 to 2023, reaching 675,660 TOE in 2023. Notably, the year-on-year increase in 2023 was 33.16%, while the compound annual growth rate (CAGR) over the past five years was 92.09%. This indicates a robust expansion in solar energy production.

For the last two years, the year-on-year variations were:

  • 2022: 49.99%
  • 2023: 33.16%

Looking ahead, the forecasted data predicts continued growth, with production expected to rise to 1,500,000 TOE by 2028. The forecasted CAGR for the next five years is 12.28%, indicating a steady but slower growth compared to the previous period, resulting in a cumulative increase of 78.44% over five years.

Future trends to watch for include advancements in photovoltaic technology, government policies incentivizing renewable energy, and potential market disruptions that could influence the pace of solar energy adoption in Poland.