In 2023, the value of renewable municipal waste final consumption in the UK machinery sector was below the forecasted 2024 value of 8.38 GWh. Year-on-year growth from 2024 to 2025 is anticipated at approximately 4.5%, followed by 4.3% in 2026, 3.9% in 2027, and 3.8% in 2028. The compound annual growth rate (CAGR) over these five years is predicted to average around 4.1%, suggesting a steady increase in the use of renewable waste energy.
Future trends to watch:
- Technological advancements improving waste-to-energy conversion efficiency.
- Government policies promoting renewables could enhance growth.
- Potential economic or legislative impacts influencing consumption patterns.
