Forecast: Renewable Energy Supply (Excluding Solid Biofuels) in Denmark

The renewable energy supply in Denmark, expressed in units of Total Primary Energy Supply, demonstrated a positive growth trajectory from 2013 to 2023. In particular, there was marked growth between 2013 and 2023, with values increasing from 10.72 to 19.6. The most significant year-on-year increases occurred in periods such as 2014 with a 19.68% rise and 2019 with a 17.07% rise. This period saw fluctuations, but an overall steady climb in renewable energy supply, ending in 2023 with a value of 19.6 units and a CAGR of 6.26% over the last five years.

Even though there were occasional declines (-3.67% in 2016 and -6.21% in 2021), the general trend remained upward. Forecast data suggest a continued increase, with anticipated values reaching 23.39 by 2028. The forecasted CAGR for the next five years is lower at 2.8%, indicating slower growth but still positive, with an overall forecasted five-year growth rate of 14.83%.

In the future, it will be critical to closely monitor advancements in renewable technologies, government policies supporting clean energy, and large-scale renewable energy projects. These factors could significantly influence the adoption rates and the volume of renewable energy supply in Denmark.