The forecast for the consumption of primary solid biofuels in the UK's non-metallic minerals sector shows a steady increase from 2024 to 2028, with consumption growing from 205.58 to 241.39 thousand tonnes of oil equivalent. This signifies a consistent year-on-year growth of approximately 4-5%. In 2023, the final consumption stood lower than the projected 2024 figures, indicating a growing reliance on biofuels in this sector. The five-year Compound Annual Growth Rate (CAGR) suggests a robust upward trend, reflecting increasing adoption and possible technological improvements.
Future trends to watch include policy shifts encouraging biofuel use, technological advancements in biofuel efficiency, and global pressures on the UK to meet renewable energy targets which could accelerate or decelerate consumption projections.
