Forecast: Biogases Electricity Production Capacities in Denmark

From 2013 to 2023, Denmark's biogas electricity production capacity rose from 93.21 Megawatts to 134.59 Megawatts. This growth was marked by an average annual increase (CAGR) of 4.57%. Notably, the most significant increases occurred in 2015, 2019, and 2020, with growth rates of 8.31%, 12.22%, and 9.21%, respectively. Conversely, a decline of 3.2% was observed in 2021.

Into the future, production capacity is projected to continue its upward trend, reaching 150.18 Megawatts by 2028. The forecasted average annual growth rate for the next five years is lower at 1.75%, indicating a potential deceleration compared to previous years.

Future trends to watch for:

  • Technological advancements in biogas production efficiency.
  • Government support and policies promoting renewable energy sources.
  • European Union regulations and environmental targets that could impact production capacity.
  • Market demand and economic feasibility of biogas as a sustainable energy source.

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