Analysis of Forecast: Bioenergy Gross Electricity Production in Germany
Data: {"year": "2024", "value": "3.73"}, {"year": "2025", "value": "3.58"}, {"year": "2026", "value": "3.44"}, {"year": "2027", "value": "3.3"}, {"year": "2028", "value": "3.16"}
From 2024 to 2028, bioenergy gross electricity production in Germany is forecasted to decline on a yearly basis. The year-on-year variations are as follows:
- 2024 to 2025: -4.02%
- 2025 to 2026: -3.91%
- 2026 to 2027: -4.07%
- 2027 to 2028: -4.24%
The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately -4.06%, indicating a steady decline in bioenergy gross electricity production.
Future trends to watch include technological advancements to improve bioenergy conversion efficiency, government policies promoting renewable energy integration, and the potential impact of fluctuating bioenergy feedstock availability. Monitoring these factors will be crucial in understanding and possibly reversing the declining trend in bioenergy gross electricity production in Germany.