Analyzing the output of electricity, gas, steam, and air conditioning supply in Austria shows that between 2013 and 2023, the sector witnessed notable fluctuations. With a value of 36.47 billion Euros in 2023, the year-on-year variation has oscillated, including significant increases such as 31.89% in 2014 and smaller growth rates like 3.21% in 2023. The compound annual growth rate (CAGR) over the last five years was 3.03%, indicating a steady upward trajectory.
Looking ahead, the forecast from 2024 to 2028 suggests continued growth, with an expected CAGR of 2.23%, translating to an overall growth rate of 11.67% over this period.
Future trends to watch for:
- Technological advancements in renewable energy sources.
- Policy changes related to energy efficiency and emission reductions.
- Investment in infrastructure to support sustainable energy development.