Forecast: Biogases Energy Supply in Norway

In 2023, Norway's biogas energy supply stood at 1.7 Thousand Gigawatthours. Forecasted data indicates a steady year-on-year (YoY) increase in biogas energy supply, with values reaching 1.97 in 2024, 2.28 in 2025, 2.6 in 2026, 2.9 in 2027, and 3.2 in 2028 Thousand Gigawatthours. This signifies a consistent growth trend, with the following YoY percentage increases: 15.9% in 2024, 15.7% in 2025, 14.0% in 2026, 11.5% in 2027, and 10.3% in 2028. Over the five years from 2024 to 2028, the compound annual growth rate (CAGR) stands at 12.1%.

Future trends to watch for include technological advancements in biogas production, increased governmental incentives, and a shift towards renewable energy sources in Norway contributing to this growth. Monitoring the economic and regulatory landscapes will be crucial in predicting further developments in the biogas sector.

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