The forecast data for biogases gross electricity production in Finland from 2024 to 2028 shows a consistent year-on-year decline. The production value starts at 1.15 thousand terajoules in 2024 and decreases annually to 0.84216 thousand terajoules by 2028. This trend reflects a declining confidence or shift in biogas energy reliance.
Key variations year-on-year:
- 2024 to 2025: -6.96%
- 2025 to 2026: -7.37%
- 2026 to 2027: -7.59%
- 2027 to 2028: -8.07%
The average compound annual growth rate (CAGR) over this five-year period shows a negative trend, indicating a cumulative annual decline of approximately 7.5%. In 2023, the actual production stood at 1.24 thousand terajoules, further emphasizing the downward trend.
Future trends to watch for include potential advancements in alternative renewable energy sources, policy changes impacting biogas production, and technological innovations within the biogas sector that could reverse or slow down the decline.