Forecast: Mining and Quarrying Sector Final Consumption of Biogases in the Netherlands

The Mining and Quarrying Sector in the Netherlands has seen a significant shift in the final consumption of biogases. From 2013 to 2018, consumption remained at zero, indicating no utilization of biogases within this sector. However, starting from 2019, usage began to rise exponentially. By 2023, consumption reached 220.89 Terajoules, marking a notable transition and growth phase in recent years.

Year-on-year variations from 2020 to 2023 show a decrease in growth rate: 122.58% in 2020, 63.04% in 2021, 38.47% in 2022, and 27.64% in 2023. Despite the slowing growth rate, the five-year CAGR leading up to 2023 has been substantial.

Looking forward, the sector is forecasted to maintain a steady growth with a 5-year CAGR of 11.2%. By 2028, the final consumption of biogases is projected to grow by 70.03% from its 2023 level, reaching 456.52 Terajoules.

Future trends to watch for include advancements in biogas technology, regulatory changes promoting sustainable energy, and sector-specific policies that might further boost adoption rates. Monitoring these trends will be crucial in understanding the sector's future dynamics.