Bioenergy production in Denmark has seen various trends over the past decade. In 2023, bioenergy production stood at 31.23 Thousand Gigawatthours. Notably, there has been steady growth from 2015, after a slight dip in 2014. Recent years show positive year-on-year variations, with an increase of 8.69% in 2021 and a steadier growth rate of around 1% in 2022 and 2023. The average annual growth rate (CAGR) over the past five years stands at approximately 2.45%.
Looking ahead, bioenergy production is forecasted to continue its growth, reaching 33.26 Thousand Gigawatthours by 2028, indicating a forecasted 5-year CAGR of 1%. The expected overall growth rate during this period is about 5.1%. Key future trends to watch for in bioenergy production in Denmark include advancements in technology and increased investments geared towards sustainable and renewable energy sources, as well as changes in government policies and international cooperation in the energy sector.
