In 2023, Belgium's coking coal energy supply stood at 11.32 thousand gigawatthours, experiencing a decline of 7.3% from the previous year. The supply has consistently decreased from 19.12 thousand gigawatthours in 2013, reflecting a long-term downward trend. Notable year-on-year variations include a significant drop of 20.09% in 2014 and an increase of 15.14% in 2021. Over the last two years, the supply decreased by 8.84% in 2022 and another 7.3% in 2023. The average annual decline (CAGR) over the last five years is -2.46%. Looking forward, the forecast indicates a 33% reduction by 2028 with a CAGR of -7.7%.
Future trends to watch for:
• Continuous shift towards renewable energy sources.
• Potential impact of tightening environmental regulations.
• Advances in energy efficiency and technology adoption.
