Over the years, coal consumption in Denmark has shown a noticeable declining trend. Starting from 2013 at 0.14 Exajoules, the consumption dropped dramatically to 0.039 Exajoules in 2023. The most significant reductions occurred between 2015-2019, with the steepest yearly decrease of 44.12% in 2019. While there were minor increases in 2016 and 2018, the general trend remained downward. From 2022 to 2023, there was a 9.3% reduction, and the Compound Annual Growth Rate (CAGR) from 2019 to 2023 was -10.52%. Looking ahead, the forecasted CAGR from 2024 to 2028 is -2.2%, predicting a continued but slower decline in coal consumption.
Future trends to watch for include Denmark's increasing investment in renewable energy sources, ongoing policy shifts towards sustainability, and technological advancements in energy efficiency, all of which are likely to drive further reductions in coal use.
