Forecast: Bioenergy Final Consumption in Industry in the UK

In 2024, bioenergy final consumption in the UK industry is projected to be 113.68 thousand terajoules, with forecasted growth reaching 130.56 thousand terajoules by 2028. This represents an annual growth rate (CAGR) of approximately 3.1% over the five years. The year-on-year increase is consistent at around 3.5% in each year from 2024 to 2028. In 2023, bioenergy consumption in the industry was lower than in 2024, indicating a continued upward trend in bioenergy adoption.

Future trends to monitor include advancements in bioenergy technology, government policies promoting renewable energy, and potential shifts in industrial energy demand, all of which can impact bioenergy consumption rates.

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