The biogas electricity production capacity in the UK has demonstrated a steady increase from 2013 to 2023, growing from 1.41 thousand megawatts to 2.07 thousand megawatts. The annual year-on-year growth rates show variability, with significant growth peaks around 2014 and 2016 (8.27% and 8.95% respectively) and slight declines in 2019 and 2020. The last observed year-on-year growth rate for 2023 was 2.56%. Over the last 5 years, the compound annual growth rate (CAGR) averaged 2.42%. Looking forward, the forecast through 2028 suggests a continued growth trajectory with a forecasted 5-year CAGR of 1.95%, indicating a stable, albeit slightly slower increase in biogas electricity capacity.
Future trends to watch for include technological advancements in biogas production efficiency, policy changes affecting renewable energy incentives, and overall market dynamics in the energy sector. Additionally, potential infrastructure developments and investment shifts towards sustainable energy sources could influence the growth rate up to and beyond 2028.
