Forecast: Bioenergy Energy Supply in Spain

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.

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