The primary solid biofuels gross electricity production in Turkey witnessed substantial growth, particularly noticeable since 2016 with a significant spike to 267.02 TJ from 112.75 TJ in 2015, achieving considerable year-on-year rises including 322.06% from 2016 to 2017. By 2023, the production stood at 11,870 TJ, illustrating a distinctive uptrend. The average annual growth rate (CAGR) over the past five years was 47.36%, demonstrating a robust expansion trajectory.
Year-on-year growth percentages over the past two years revealed a 30.74% increase from 2021 to 2022 and a 24.21% increase from 2022 to 2023, indicating sustained growth albeit at a moderated pace relative to earlier years. Looking ahead, forecast data anticipates the production to reach 23,090 TJ by 2028, translating to a 5-year forecasted CAGR of 10.28% and an overall growth rate of 63.11%.
Future trends to watch for include advancements in technology impacting biofuel conversion efficiencies, governmental policies enhancing renewable energy adoption, and potential fluctuations in biomass feedstock availability. These factors will play a critical role in shaping the future landscape of biofuel electricity production in Turkey.