The share of renewable energy sources in transport in Spain was 10.1% in 2023. From 2024 to 2028, the forecasted data shows an upward trend, starting at 10.58% in 2024, climbing to 12.35% by 2028. Year-on-year percentage increases are as follows:
- 2024: 4.75% increase from 2023
- 2025: 4.26% increase from 2024
- 2026: 4.00% increase from 2025
- 2027: 3.84% increase from 2026
- 2028: 3.70% increase from 2027
Compound Annual Growth Rate (CAGR) for the forecast period (2024 to 2028) stands at 3.91%.
Future trends to watch for include advancements in renewable energy technologies, government policies promoting green transport, and increased investment in sustainable infrastructure. These factors will likely drive further growth in the share of renewable energy sources in Spain's transport sector.
