Wind power production in Belgium saw a noteworthy increase in the past decade. From 3.67 thousand GWh in 2013, the production reached 14.89 thousand GWh in 2023. The annual growth rate declined from a high of 32.82% in 2013 to 8.72% in 2023. Despite a few years of negative or stagnant growth, wind power production exhibited a consistent upward trend.
Recent analysis shows a significant CAGR of 14.48% over the last five years. Year-over-year growth for the last two years stood at 14.17% in 2022 and 8.72% in 2023, indicating a slight slowdown. Forecast data predict a continued increase, with a CAGR of 5.18% from 2024 to 2028, reaching 20.69 thousand GWh by 2028.
Future trends to watch for include advancements in wind technology, potential regulatory changes, and increasing governmental and public support for renewable energy. These factors could drive higher efficiency and capacity, enhancing Belgium's wind power potential.
