In 2023, the bioenergy final consumption in the chemical and petrochemical sectors in the UK stood at 3.3 thousand gigawatthours. The forecast for 2024 to 2028 indicates a steady increase, reaching 3.94 thousand gigawatthours in 2028. Year-on-year growth is consistent, with an average CAGR of approximately 3.1% over the five-year period, suggesting a gradual upward trend.
Looking ahead, key trends to watch include advancements in bioenergy technologies, potential policy changes that might incentivize cleaner energy use, and shifts in the petrochemical industry's energy strategies as it balances sustainable practices with traditional methods.
