Wind energy generation in Spain has shown a mixed trend over the past decade. After peaking in 2013, production saw a steady decline until 2016. From 2017 onwards, there was a gradual recovery, culminating in a notable growth of 9.95% year-on-year in 2021. By 2023, wind energy stood at 64.63 Terawatthours, showing a slight year-on-year increase of 3.07%.
Recent years have seen more stable growth, with the average annual increase (CAGR) over the last 5 years at 4.89%. The forecasted data suggests continued growth, albeit at a slightly reduced pace with a forecasted 1.7% CAGR and an 8.78% total growth by 2028.
Future trends to watch for include advancements in turbine technology, government policies on renewable energy, and the integration of wind energy within the broader energy grid. These factors will play a crucial role in shaping the wind energy market in Spain.
