Forecast: Bioenergy Production in Belgium

Bioenergy production in Belgium has experienced fluctuations over the past decade. Starting at 100.45 thousand terajoules in 2013, it dipped to a low of 92.38 thousand terajoules in 2015. However, from 2016 onwards, it generally saw a steady increase, reaching 104.06 thousand terajoules in 2023. The year-on-year variation has been inconsistent, with notable growth years like 2021 (5.63%) and stable periods such as 2022 (1.88%) and 2023 (1.85%). The recent 5-year CAGR indicates an upward trend at 1.97% annually. Future projections estimate growth to continue, reaching 113.24 thousand terajoules by 2028.

Future trends to watch for:

  • Technological advancements in bioenergy production.
  • Government policies and regulatory frameworks supporting renewable energy.
  • Investment in bioenergy infrastructure.
  • Global energy crisis impacts and the drive for sustainable solutions.

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