The forecasted data for Fuel Oil Gross Available Energy in Spain shows a positive trend from 2024 to 2028, starting at 54.62 thousand GWh in 2024 and increasing steadily to 65.48 thousand GWh by 2028. In comparison to actual values from the previous years, the value for 2023 was at 52.00 thousand GWh, indicating a notable increase in the following years.
The year-on-year growth rates are as follows:
- 2025: 5.1%
- 2026: 4.8%
- 2027: 4.5%
- 2028: 4.2%
The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 is 4.9%.
Future trends to watch for include the impact of renewable energy adoption, changes in government policies related to fuel oil usage, and potential technological advancements in energy efficiency. These factors could influence the actual availability and demand for fuel oil energy in the coming years.
