Growth potential for bioenergy in next five years
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POWER & RENEWABLE ENERGY

Growth potential for bioenergy in next five years

01 Nov 2018 1 Min Read Editorial Team
Bioenergy is tipped to have the biggest growth in renewable resources between 2018 and 2023, according to reports. Renewable sources will reportedly tackle nearly 40 per cent of the global energy consumption growth in the next five years and form one-third of the global power production by 2023. Bioenergy is known to be the largest renewable energy source for its use in the heat and transport sectors.

Bioenergy is tipped to have the biggest growth in renewable resources between 2018 and 2023, according to reports. Renewable sources will reportedly tackle nearly 40 per cent of the global energy consumption growth in the next five years and form one-third of the global power production by 2023. Bioenergy is known to be the largest renewable energy source for its use in the heat and transport sectors.

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