Forecast: Blended Biogasoline Stock Change in the UK

In 2023, the stock change of blended biogasoline stood at approximately 5.0 thousand tonnes of oil equivalent. Forecast data from 2024 to 2028 shows a progressive increase in stock change, rising from 5.52 to 7.68 thousand tonnes. Year-on-year growth highlights an increasing trend, with an approximate rate of 9.96% in 2024 compared to 2023, and consistent annual growth observed through 2028. The compound annual growth rate (CAGR) over this period is around 8.45%.

Future trends to watch for:

  • Government policies promoting renewable energy could further boost development.
  • Technological advancements in biogasoline production might enhance efficiency and reduce costs.
  • Variability in fossil fuel prices could influence the shift towards biogasoline.

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