Forecast: Blended Biodiesels Energy Supply in the UK

In 2023, the UK's blended biodiesel energy supply stood at a figure indicative of a supply level before a declining trend noted in forecasts from 2024 to 2028. Starting in 2024, the supply is expected to decrease consistently year-on-year, with a notable percentage reduction each year. From 2024's value of -11.47, the supply is projected to shrink to -4.81 by 2028, displaying a consistent negative compound annual growth rate (CAGR) over the five years.

Future trends to watch for:

• Emerging technologies in biodiesel production that could mitigate supply decline.
• Government policy changes impacting renewable energy incentives.
• Market shifts towards alternative renewable energy sources, affecting biodiesel demand.
• Potential economic or supply chain disruptions affecting feedstock availability.