Forecast: Bioenergy Production in Austria

In 2023, bioenergy production in Austria stood at 255.30 thousand terajoules. Forecasts predict a steady increase from 259.1 thousand terajoules in 2024 to 274.86 thousand terajoules by 2028. Year-on-year variations show incremental growth rates of around 1.54% to 1.9% between 2024 and 2028. The CAGR over the last five years is approximately 1.51%, indicating a consistent upward trend in bioenergy output.

Future trends to watch for include technological advancements in bioenergy, government policies promoting renewable energy, and shifts in market demand toward sustainable energy sources. Monitoring these factors will be crucial for understanding long-term growth prospects.