Forecast: Production of Renewables and Biofuels in the Netherlands

The production of renewables and biofuels in the Netherlands steadily increased from 2013 to 2023, reaching 109.35 thousand gigawatt-hours in 2023. The year-on-year variations for the last two years show a consistent growth trend: 8.92% in 2022 and 8.43% in 2023. Over the previous five years, the compounded annual growth rate (CAGR) averaged 10.69%, indicating robust expansion in this sector.

Looking forward, the forecasted data up to 2028 suggest a steady annual growth with a five-year CAGR of 5.04%, translating to a 27.87% increase by 2028. Future trends to watch for include advancements in renewable energy technologies, the impact of regulatory policies, and potential shifts in market dynamics due to global energy transition efforts.