The forecast for Wind Power Gross Inland Consumption in Spain indicates a steady increase from 2024 to 2028, with values rising from 6.07 Million Tonnes of Oil Equivalent (Mtoe) in 2024 to 7.02 Mtoe in 2028. In 2023, the actual consumption stood at 5.83 Mtoe.
Year-on-year variations are as follows:
- 2024: 4.1% increase from 2023
- 2025: 4.0% increase from 2024
- 2026: 3.8% increase from 2025
- 2027: 3.7% increase from 2026
- 2028: 3.4% increase from 2027
The Compound Annual Growth Rate (CAGR) for the period from 2024 to 2028 is approximately 3.8%, indicating a stable and moderate growth in the consumption of wind power over these years.
Future trends to watch for include advancements in wind technology, governmental policies promoting renewable energy, and a shift in economic factors that could influence both the supply and demand for wind power. These factors will play a significant role in shaping the wind power landscape in Spain.
