Between 2013 and 2023, biogas electricity production capacities in Austria displayed a volatile trajectory. The capacity in 2023 stood at 171.8 Megawatts. From 2021 to 2023, the capacities increased year-on-year by 1.72% and 1.62%, respectively, reflecting a relatively stable upward trend. This progressively growing trend comes after fluctuations and a notable dip between 2016 and 2017. The Compound Annual Growth Rate (CAGR) over the last five years up to 2023 averaged -0.41%, indicating an overall slight downward movement over the period, but improvement signs towards recovery.
Looking ahead into the forecasted period from 2024 to 2028, the biogas electricity production capacity in Austria is expected to grow modestly with a forecasted 5-year CAGR of 1.06%. This implies a steady increase of approximately 5.42% over the next five years. Future trends to watch for include technological advancements in biogas production efficiency and potential regulatory changes aimed at promoting renewable energy sources.
