The biogases gross electricity production in the Netherlands exhibited fluctuations from 2013 to 2023, with a peak of 3.74 thousand terajoules in 2015. The subsequent years saw a general decline, with production standing at 2.59 thousand terajoules in 2023. Year-over-year, the production consistently decreased, with notable drops of over 6% in 2021 and 2022. The compound annual growth rate (CAGR) over the last five years was -4.18%, reflecting a significant downturn. Looking ahead, forecasts predict a continuation of this decline, with an anticipated CAGR of -4.23% from 2024 to 2028, translating to a forecasted 19.45% reduction by 2028.
Future trends to watch for include:
- Technological advancements in biogas production efficiency.
- Government policies and incentives for renewable energy.
- Market shifts due to alternative renewable energy sources gaining traction.
- Regulations impacting the agricultural and waste sectors, key sources of biogas.