Forecast: Bioenergy Energy Supply in Austria

The bioenergy energy supply in Austria exhibits a steady year-on-year increase from 2024 to 2028, progressing from 6.15 million tonnes of oil equivalent (Mtoe) in 2024 to 6.44 Mtoe by 2028. This forecasted trend represents a consistent growth rate in the bioenergy sector, reflecting Austria's commitment to renewable energy sources.

The actual supply in 2023 was 6.07 Mtoe, marking a 1.9% increase from 2023 to 2024. The subsequent years follow a similar upward trajectory, with year-on-year variations showing incremental growth:

  • 2025: 1.3%
  • 2026: 1.1%
  • 2027: 1.1%
  • 2028: 1.1%

Overall, the compound annual growth rate (CAGR) from 2023 to 2028 is approximately 1.2%, indicating a stable expansion in bioenergy supply.

Future trends to watch for include technological advancements in bioenergy production, policy changes influencing renewable energy incentives, and potential environmental impacts affecting biomass availability. Monitoring these factors will be crucial for sustaining the growth trajectory in Austria's bioenergy sector.