Norway's wind power gross electricity production is forecasted to grow significantly from 2024 to 2028, starting at 72.11 thousand terajoules in 2024 and reaching 109.47 thousand terajoules by 2028. The year-on-year growth rate shows a steady increase, with 13.14% from 2024 to 2025, 11.50% from 2025 to 2026, 10.22% from 2026 to 2027, and 9.17% from 2027 to 2028. The five-year compound annual growth rate (CAGR) stands at 11.29%.
Key future trends to monitor include technological advancements in wind turbine efficiency, government policies and subsidies, and integration with other renewable energy sources. Market participants should also be aware of potential regulatory changes and environmental impacts that could influence production capacity and energy distribution in Norway.