Forecast: Employment in Electric Power Generation, Transmission and Distribution Sector in Denmark

The employment in Denmark's Electric Power Generation, Transmission, and Distribution Sector has shown a declining trend from 2013 to 2023. The value stood at 6.5 thousand FTEs in 2023, reflecting a recent annual decrease of 1.77%. Over the last two years, the sector has witnessed a compound annual growth rate (CAGR) of 0.75%, primarily driven by fluctuations in 2020 and subsequent dips.

From 2013 to 2023, employment has generally declined, indicated by several years of negative year-on-year growth, with a few sporadic recoveries. The last five years exhibited crucial declines and stabilization trends, culminating in a forecasted 5-year CAGR of -1.45% through 2028.

Future trends to watch for include:

• Integration of renewable energy sources affecting employment dynamics.
• Technological advancements potentially reducing the need for traditional roles.
• Policy changes and investments promoting sector growth or contraction.