Forecast: Bioenergy Available for Final Consumption in Austria

In 2023, Austria's bioenergy available for final consumption stood at 61.95 thousand gigawatt-hours (GWh). The forecasted data for 2024 to 2028 indicates a steady increase in bioenergy availability. The year-on-year variation shows a growth rate of approximately 1.3% to 1.7%. Specifically, from 2024 to 2025, there is a 1.3% increase; from 2025 to 2026, a 1.3% rise; from 2026 to 2027, a further 1.2% growth; and from 2027 to 2028, a 1.2% increase.

Over the last five years (from 2023 to 2028), the compound annual growth rate (CAGR) is approximately 1.2%, reflecting a consistent and moderate rise in bioenergy consumption.

Future trends to watch for include:

  • Technological advancements in bioenergy production to increase efficiency.
  • Government policies and incentives aimed at promoting renewable energy sources.
  • Potential shifts in energy demand patterns and their impact on bioenergy sourcing and consumption.