The forecast for Biogases Gross Electricity Production in the UK displays a steady upward trend from 2024 to 2028. Gross production in 2023 stood at 8.34 Thousand Gigawatthours. The forecasted values for the subsequent years are: 8.51 (2024), 8.69 (2025), 8.86 (2026), 9.02 (2027), and 9.19 (2028). The year-on-year percentage variation is as follows:
- From 2023 to 2024: 2.04%
- From 2024 to 2025: 2.12%
- From 2025 to 2026: 1.96%
- From 2026 to 2027: 1.80%
- From 2027 to 2028: 1.88%
CAGR over the five-year period from 2023 to 2028 is approximately 1.97%, indicating a stable increase in biogas electricity production.
Future trends to watch for include technological advancements in biogas production, government policies supporting renewable energy, and market dynamics influencing the overall adoption of biogas as a significant energy resource. Observing these trends will provide insights into potential acceleration or deceleration in production growth rates.