The actual biogas electricity production capacity in Belgium for 2023 stood at 211.1 Megawatts. Over the years, there has been a moderate growth in capacity, with significant fluctuations in year-on-year variations. The most notable increases were seen in 2014 and 2016, while decreases occurred in 2015 and 2017. The five-year CAGR leading up to 2023 was 2.11%, reflecting steady but slow growth. Forecasts predict an increase in capacity to 227.6 Megawatts by 2028, with an annual growth rate of 1.17% over the next five years. This indicates a continued but moderate growth trend.
Future trends to watch for:
- Technological advancements in biogas production efficiency.
- Government policies and subsidies promoting renewable energy.
- Market demand for sustainable and renewable energy sources.
- Potential competition from other renewable energies such as solar and wind power.
