Forecast: Wind Power Gross Electricity Production in Austria

Based on the provided forecast for wind power gross electricity production in Austria, the values from 2024 to 2028 indicate a consistent downward trend. In 2023, the actual production stood at 23.29 thousand Terajoules. The year-on-year variations show a gradual decline: 2.02% for 2025, 2.06% for 2026, 2.10% for 2027, and 2.10% for 2028. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) reflects an average decline of approximately 2% per year.

Future trends to watch for:

  • Impact of new government policies on renewable energy incentives
  • Technological advancements in wind turbine efficiency and storage solutions
  • Potential investments in renewable energy infrastructure and grid modernization
  • Competitive dynamics with solar and other renewable energy sources