Sub-bituminous coal energy supply in Belgium saw significant fluctuations from 2013 to 2023, reaching a value of 1150 Terajoules in 2023. The year-on-year variation varied widely, with remarkable rises such as in 2016 (51.87%) and significant drops like in 2015 (-13.29%). Over the last five years, the compound annual growth rate (CAGR) averaged out to -0.93%, indicating a slight overall decline in recent years.
Forecast data from 2024 onward shows a steady decline, with the sub-bituminous coal supply projected to drop to 925.76 Terajoules by 2028. This corresponds to a negative 5-year CAGR of -3.4%, or a 15.88% decrease over the period, suggesting a continuous downward trend for the energy source.
- 2014: +3.84% year-on-year variation
- 2015: -13.29% year-on-year variation
- 2016: +51.87% year-on-year variation
- 2017: -8.24% year-on-year variation
- 2018: +26.3% year-on-year variation, +9.65% 5-year CAGR
- 2019: +6.57% year-on-year variation, +10.22% 5-year CAGR
- 2020: +4.37% year-on-year variation, +14.38% 5-year CAGR
- 2021: -7.67% year-on-year variation, +3.54% 5-year CAGR
- 2022: -3.38% year-on-year variation, +4.62% 5-year CAGR
- 2023: -3.8% year-on-year variation, -0.93% 5-year CAGR
- 2028: -3.4% 5-year CAGR forecast, -15.88% overall forecasted growth rate
Future trends to watch for include the potential impact of policy shifts towards renewable energy sources and stricter environmental regulations, which could further influence the decline of sub-bituminous coal usage. Additionally, advances in technology and energy efficiency could accelerate the reduction in coal energy supply.
