In 2023, Belgium's pure biodiesels energy supply stood at a certain level. The forecast for 2024 is 8.08 Thousand Gigawatthours, projecting a steady year-on-year growth. The supply is expected to increase by 4.46% in 2025, reaching 8.44 Thousand Gigawatthours. In 2026, the growth rate is predicted to be 4.15%, resulting in 8.79 Thousand Gigawatthours. By 2027, the supply should rise by another 3.98% to 9.14 Thousand Gigawatthours, and in 2028, it is anticipated to grow by 3.72%, reaching 9.48 Thousand Gigawatthours.
The compound annual growth rate (CAGR) for the pure biodiesels energy supply over the five-year period from 2024 to 2028 is expected to reflect a consistent upward trend.
Future trends to watch for include advancements in biodiesel production technology, policy changes favoring renewable energy sources, and fluctuations in the global energy market. Additionally, the adoption of sustainable practices by industries and increasing environmental awareness among consumers could further impact the growth trajectory of biodiesel energy supply in Belgium.
