The net electricity production in Denmark experienced fluctuations from 2013 to 2023. In 2023, the value stood at 31.8 thousand gigawatthours. Year-on-year variation showed a mix of declines and growths with notable increases in 2021 and 2022 by 14.48% and 7.05% respectively, followed by a decline of 6.93% in 2023, reflecting the volatility in recent years. The 5-year CAGR leading up to 2023 was 1.64%, indicating a moderate growth rate.
Forecasted data from 2024 to 2028 suggests a stable but modest growth in net electricity production, with the 5-year CAGR forecasted at 0.36%. Future trends to watch for include:
- Advancements in renewable energy technologies
- Policy changes driven by climate goals
- Fluctuations in energy demand and consumption patterns