In 2023, the average length of Power Purchase Agreements (PPAs) for biomass energy in China was 21 years. The forecast from 2024 to 2028 suggests a gradual increase, starting at 22 years and reaching 24 years by 2028. The year-on-year variation between 2024 to 2025 is 4.76%, and for subsequent years, the percentages stabilize. Over 2024-2028, the compound annual growth rate (CAGR) is about 2.29%, indicating a steady upward trend.
Future trends to watch include how policy changes and advances in biomass technology might influence contract durations. Additionally, changes in energy demand and market dynamics will be critical factors.
