Based on the data, the mean feed-in tariff for wind energy in Austria was USD 0.089 in 2023. Over the past decade, there has been a consistent decline in tariffs, with significant drops observed between 2015 and 2017. The last two years showed marginal year-on-year decreases of approximately 1%, indicating a stabilization trend. However, the 5-year CAGR from 2018 to 2023 denotes an average annual decline of around 1.61%.
The forecasted data from 2024 to 2028 suggests a continued gradual decline. The tariffs are expected to drop to USD 0.085 by 2028, reflecting a 5-year CAGR of -0.8%. Over this period, the total forecasted decrease in tariffs is approximately 3.94%.
Future trends to watch for:
- Evolving energy policies and regulations that might influence tariff structures.
- Technological advancements in wind energy that can affect production costs and tariffs.
- Market dynamics in renewable energy and competitive pricing strategies.
- Global economic conditions impacting investment in renewable energy sources.
