Bioenergy - Spain

  • Spain
  • In Spain, electricity generation in the Bioenergy market is projected to reach 6.72bn kWh in 2024.
  • The market is expected to experience an annual growth rate of 1.02%, which corresponds to a CAGR for the period of 2024-2029.
  • Spain is increasingly investing in bioenergy technologies, reflecting a national commitment to sustainable energy solutions and reducing reliance on fossil fuels.

Key regions: Austria, Brazil, France, China, South Korea

 
Marché
 
Région
 
Comparaison de régions
 
Monnaie
 

Analyst Opinion

The Bioenergy Market in Spain has shown subdued growth, influenced by factors like regulatory challenges, competition from other renewable sources, and fluctuating biomass supply. Despite potential benefits, these elements hinder its expansion in the broader Renewable Energy Market.

Customer preferences:
Consumers in Spain are increasingly prioritizing sustainability and environmental responsibility, leading to a rising interest in bioenergy as a renewable energy source. This shift is influenced by a growing awareness of climate change and a desire for energy independence, particularly among younger demographics who are more environmentally conscious. Additionally, urbanization and lifestyle changes are prompting individuals to seek greener alternatives in their daily energy consumption. These trends highlight an evolving demand for bioenergy solutions that align with the values of sustainability and innovation.

Trends in the market:
In Spain, the Bioenergy market is experiencing a significant uptick in demand for biomass and biogas solutions as consumers increasingly seek sustainable energy sources. The trend is driven by heightened environmental awareness and government incentives aimed at reducing carbon emissions. Additionally, the agricultural sector is pivoting towards bioenergy production, recognizing its potential for waste management and energy generation. This shift not only fosters energy independence but also creates new opportunities for innovation and investment, compelling industry stakeholders to adapt their strategies and embrace cleaner, renewable technologies.

Local special circumstances:
In Spain, the Bioenergy market is uniquely shaped by its diverse geographical landscape, which includes vast agricultural areas and abundant organic waste resources. The Mediterranean climate fosters the growth of various biomass feedstocks, while local cultural practices emphasize sustainability and environmental stewardship. Furthermore, the Spanish government has implemented regulatory frameworks that promote bioenergy, offering incentives for farmers and businesses to shift towards renewable energy solutions. This combination of local factors accelerates the adoption of bioenergy technologies, aligning economic growth with environmental goals.

Underlying macroeconomic factors:
The Bioenergy market in Spain is significantly influenced by macroeconomic factors, including national economic stability, energy policies, and global renewable energy trends. Spain's commitment to reducing greenhouse gas emissions and increasing renewable energy usage aligns with EU targets, fostering investment in bioenergy technologies. Additionally, favorable fiscal policies, such as subsidies and tax incentives for bioenergy projects, encourage both public and private sector participation. The rising global demand for sustainable energy sources and Spain's agricultural capacity to produce biomass further support market growth, promoting energy independence and environmental sustainability.

Methodology

Data coverage:

The data encompasses B2B enterprises. Figures are based on the value of electricity production in the energy market.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as annual reports of the market-leading companies and industry associations, third-party studies and reports, national statistical offices, international institutions, and the experience of our analysts.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing are well suited for forecasting electricity generation due to the non-linear growth of this market, especially because of the direct impact of climate change on the market.

Additional notes:

The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.

Vue d’ensemble

  • Production
  • Analyst Opinion
  • Global Comparison
  • Methodology
  • Key Market Indicators
Veuillez patienter

Contact

Des questions ? Nous nous ferons un plaisir de vous aider.
Statista Locations
Contact Camille Dubois
Camille Dubois
Customer Relations

Lun - Ven, 9:00 - 18:00 h (EST)

Contact Meredith Alda
Meredith Alda
Sales Manager– Contact (États-Unis)

Lun - Ven, 9:00 - 18:00 h (EST)

Contact Yolanda Mega
Yolanda Mega
Operations Manager– Contact (Asie)

Lun - Ven, 9:00 - 17:00 h (SGT)

Contact Ayana Mizuno
Ayana Mizuno
Junior Business Development Manager– Contact (Asie)

Lun - Ven, 10:00 - 18:00 h (JST)

Contact Lodovica Biagi
Lodovica Biagi
Director of Operations– Contact (Europe)

Lun - Ven, 9:00 - 18:00 h (GMT)

Contact Carolina Dulin
Carolina Dulin
Group Director - LATAM– Contact (Amérique latine)

Lun - Ven, 9:00 - 18:00 h (EST)