Based on historical data, the volume of municipal waste incineration with energy recovery in Spain fluctuated between 2013 and 2023. It saw a peak in 2015 and 2017 but generally hovered around 11 to 12 units. The value in 2023 stood at 11.64 units.
Year-on-year variation: Analyzing the past two years, 2022 saw a small increase of 0.69% over 2021, and again in 2023, a slight rise of 0.6%. Over the last five years, the compound annual growth rate (CAGR) was 0.46%, culminating in a forecast 5-year growth rate of 2.33% by 2028.
Future trends to watch for:
- Technological advancements in energy recovery processes.
- Policy changes promoting waste-to-energy solutions.
- Potential impact of EU environmental regulations.