The forecasted gross electricity production in Austria shows a steady increase from 71.89 thousand gigawatthours in 2024 to 72.81 thousand gigawatthours in 2028. With Austria's 2023 actual production at 71.67 thousand gigawatthours, this constitutes a minor yet consistent annual growth.
Year-on-year variations over the last two years indicate a slight but positive trend, with incremental increases of approximately 0.34% from 2024 to 2025, and 0.32% onwards till 2028.
The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 is expected to average around 0.32% per year, reflecting stable growth in electricity production.
Future trends to watch for:
- Shifts towards more sustainable energy sources influencing overall production capacity.
- Potential policy changes related to energy production and consumption.
- Technological advancements in electricity generation and storage.