In 2023, the bioenergy final consumption in the UK’s paper, pulp, and printing sectors stood at 7.55 Thousand Gigawatthours. The forecasted data from 2024 to 2028 shows a steady year-on-year increase: 4.4% from 2024 to 2025, 4.1% from 2025 to 2026, 4.0% from 2026 to 2027, and 3.7% from 2027 to 2028, with a compound annual growth rate (CAGR) of approximately 4.1% over the five years.
Future trends to watch for:
- Adoption of greener technologies, potentially boosting bioenergy consumption.
- Regulatory changes impacting energy sourcing and sustainability mandates.
- Economic factors influencing industry growth and energy requirements.