Germany's biogas electricity production capacity witnessed a significant growth trajectory from 2013 to 2023, increasing from 5.15 to 6.99 thousand megawatts. However, a few notable deviations occurred: a sharp decline in 2021 by -7.11% and minimal growth in 2022 and 2023. From 2024 onwards, growth appears steadier with marginal increases, predicting a CAGR of 0.15% over the next five years.
Trends to observe:
- Potential technological advancements reducing production inefficiencies
- Governmental policies and subsidies impacting biogas infrastructure investments
- Market competition with other renewables influencing overall capacity growth
