The forecast for bioenergy final consumption in the UK's construction sector from 2024 to 2028 indicates a consistent upward trajectory, starting from 19.99 thousand tonnes of oil equivalent in 2024 to 23.06 in 2028. In 2023, the consumption stood at 18.5 thousand tonnes of oil equivalent, marking a steady increase over the years. The year-on-year growth for 2024 is estimated at 8.1%, with subsequent annual increases of approximately 3.95% in 2025, 3.7% in 2026, and 3.53% in 2027. The compound annual growth rate (CAGR) is projected at 4.5% from 2024 to 2028.
Future trends to watch include the integration of bioenergy technologies in new construction projects, government regulations favoring sustainable practices, and potential innovations in bioenergy efficiency. Keeping an eye on policy shifts and technological advancements will be crucial for sustaining growth in this sector.
