Between 2013 and 2023, the gross available energy from primary solid biofuels in Spain showed a general fluctuation with a peak in 2013 at 62.28 thousand GWh and a low in 2016 at 56.26 thousand GWh. The value in 2023 stands at 62.44 thousand GWh, marking a 0.94% year-on-year increase from 2022. Over the last two years, from 2021 to 2023, the average annual growth was 0.85%, with a notable 2021 increase of 4.54%. The compound annual growth rate (CAGR) over the past five years was 1.67%, reflecting a generally steady increase in biofuels energy availability.
Future trends to monitor include:
- Advances in biofuel technology influencing production efficiency and output.
- Policy changes and government incentives for renewable energy sources.
- Market dynamics related to demand for renewable energy and competition from other renewable sources like wind and solar power.
