The bioenergy energy supply in Spain displayed fluctuation from 2013 to 2023, starting at 290.66 thousand terajoules in 2013, reaching 311.2 thousand terajoules in 2023. The supply had a negative year-on-year variation early on, with a notable dip in 2016 (-4.01%). However, recent years showed growth, with a year-on-year rise of 0.88% in 2022 and 0.84% in 2023. The compound annual growth rate (CAGR) over the last five years stands at 0.51%.
Future trends to watch for include:
- Continued moderate growth in bioenergy supply, with a forecasted 0.55% CAGR over the next five years leading to 322.46 thousand terajoules by 2028.
- Dependence on technological advancements and policy frameworks that promote bioenergy utilization.
- Potential impacts of global energy market trends and environmental regulations on bioenergy strategies.