In 2023, the UK's bioenergy final consumption in industry stood at 2.62 Mtoe. From 2024 to 2025, a steady annual growth of 3.68% is observed, continuing similarly in subsequent years: 2025-2026 (3.55%), 2026-2027 (3.42%), and 2027-2028 (3.31%). The compound annual growth rate (CAGR) from 2024 to 2028 is forecasted at approximately 3.49%. This marks a consistent upward trend reflecting the increasing importance and adoption of bioenergy solutions within industrial sectors.
Future trends to watch for include:
- Government policy shifts and incentives for renewable energy adoption
- Technological advancements in bioenergy efficiency
- Economic factors affecting industrial energy consumption
- Impact of international climate agreements on local bioenergy strategies