The gross heat production from primary solid biofuels in Austria showed a fluctuating pattern from 2013 to 2023, starting at 35.04 thousand terajoules in 2013 and rising to 48.11 thousand terajoules by 2023. The variation in year-on-year growth rates has ranged from as low as -3.8% in 2014 to as high as 8.62% in 2021, reflecting unstable but generally upward movement. The average annual growth rate (CAGR) over the last five years stands at 5.15%, indicating robust growth over the recent period.
Looking forward to 2028, the gross heat production is forecasted to continue its upward trajectory, reaching 61.64 thousand terajoules. This growth implies an average annual growth rate (CAGR) of 3.92% over the coming five years. The anticipated total growth from 2024 to 2028 is projected to be 21.18%.
Future trends to watch for include technological advancements in biomass energy conversion, policy changes favoring renewable energy, and economic factors that could influence production costs and investment in biofuel infrastructure.