The available energy from primary solid biofuels in Austria saw fluctuations over the past decade, with peaks in 2013 at 57.99 and dips in 2014 at 53.4. By 2023, it stood at 59.62 thousand gigawatthours. From 2022 to 2023, there was a modest growth of 1.11%, while the preceding year showcased more robust growth at 0.64%. Analyzing the 5-year CAGR (2018-2023), the energy sector experienced an average growth rate of approximately 2.05% per year.
Future trends to watch:- Anticipated steady growth, with a forecasted 5-year CAGR of 0.83%.- Growth through 2028 looks optimistic with a forecasted 4.21% increase.- Potential impact of policy changes and technological advancements on biofuels.