Between 2013 and 2023, Belgium's primary solid biofuels gross heat production exhibited significant fluctuations, starting at 304 Terajoules in 2013 and reaching 1,620 Terajoules in 2023. The year-on-year variation fluctuated widely, with notable increases in 2019 (30.72%) and 2020 (32.33%). Strong growth was witnessed in 2021 (99.21%) and 2022 (39.73%). The compound annual growth rate (CAGR) over the past five years showcases a robust increase at 44.5%.
Future trends to watch for include:
- A forecasted CAGR of 11.85% from 2024 to 2028, indicating continued significant growth.
- An expected 75.07% total growth rate over the next five years, highlighting the substantial expansion in biofuel heat production.
