Turkey's bioenergy gross electricity production is forecasted to grow significantly from 2024 onward. In 2023, the value stood at 35.32 thousand terajoules. Projections for 2024 estimate production at 41.01 thousand terajoules, increasing annually to reach 64.66 thousand terajoules by 2028.
Key variations and trends:
- **2024-2025:** 14.62% increase- **2025-2026:** 12.64% increase- **2026-2027:** 11.12% increase- **2027-2028:** 9.88% increase
The compound annual growth rate (CAGR) over the five-year period (2024-2028) is projected to be approximately 11.87%.
Future trends to watch for include advancements in bioenergy technology, government policies supporting renewable energy, and potential shifts in energy market dynamics, which could further influence growth trajectories in Turkey's bioenergy sector.