The forecast for primary solid biofuels gross heat production in the UK shows a steady increase from 1.56 thousand gigawatthours in 2024 to 1.86 thousand gigawatthours in 2028. Comparing this with the previous year's data, there is consistent year-on-year growth: 5.13% increase from 2024 to 2025, 4.27% from 2025 to 2026, and 4.68% from 2026 to 2027. The compound annual growth rate (CAGR) over this period is expected to average 4.66%. In 2023, the production stood at a lower level, indicating an upward trend driven by increased demand for renewable energy sources.
Future trends to watch for:
- Government policies promoting renewable energy and sustainability can impact growth positively.
- Technological advancements improving biofuel efficiency.
- Possible shifts in public and industrial energy consumption patterns.
- Global market influences on raw material availability and costs.