Forecast: Sub-Bituminous Coal Energy Supply in Austria

The sub-bituminous coal energy supply in Austria has experienced a significant decline over the past decade. From a peak of 45.2 Thousand Tonnes of Oil Equivalent in 2014, the values have consistently decreased, standing at 25.75 in 2023. The yearly variation has been predominantly negative, with notable drops like -9.89% in 2020 and -9.31% in 2021. The recent average annual decline, denoted by the 5-year CAGR, is -6.72%. The downward trend is forecasted to continue, with an expected decrease to 22.36 by 2028, reflecting a forecasted 5-year CAGR of -2%.

Future trends to watch for:

  • Renewable energy adoption may further diminish sub-bituminous coal's share in Austria's energy mix.
  • Government policies and environmental regulations could accelerate the decline.
  • Technological advancements in alternative energy sources may drive more significant decreases in sub-bituminous coal demand.

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