In 2023, the output of blended biodiesels in the UK was 58.19 thousand terajoules. Observing the forecast for the period from 2024 to 2028, there is a consistent year-on-year increase, starting from 60.72 in 2024 and reaching 71.0 thousand terajoules by 2028. The average annual growth rate (CAGR) is noted at approximately 4.1% over this five-year period, reflecting steady growth in the sector.
Future trends to watch for include potential advancements in biodiesel technology, changes in government policy on renewable energy, and alterations in market demand due to evolving environmental considerations. These factors could either accelerate or moderate the projected growth in the UK’s blended biodiesel output.
