The onshore wind power electricity production capacity in the Netherlands has shown significant growth from 2013 to 2023, standing at 7.51 thousand megawatts in 2023. The capacity grew at an impressive Compound Annual Growth Rate (CAGR) of 16.94% over the last five years. Year-on-year growth rates varied, with notable increases in recent years: 26.78% in 2021, 20.83% in 2022, and 17.1% in 2023.
Looking ahead from 2024 onwards, forecasts show continued capacity expansion, reaching 12.84 thousand megawatts by 2028. The expected CAGR for the next five years is projected at 8.34%, implying sustained although slightly decelerated growth. Overall growth from 2024 to 2028 is forecasted at approximately 49.28%.
Future trends to watch for include:
- Technological advancements in wind turbine efficiency increasing capacity output.
- Government policies and incentives that support renewable energy initiatives.
- Public and private investments in green energy infrastructure.
- Integration of onshore wind power with other renewable energy systems to enhance grid stability.