Key Market Indicators
Britain's energy consumption is predicted to reach almost seven exajoules by 2026, a 1.3% drop from 2021, when it stood at 7.18 exajoules. Since 1970, British demand has fallen by 2.4% each year. Indonesia overtook Britain in 2021, coming in at number 14, while the United States, India and Russia placed second, third and fourth, respectively. Britain's energy supply is expected to reach 137.87 million tonnes of oil equivalent by 2026, a 1.9% decrease from 2021's total of 149.34 million tonnes of oil equivalent. Since 1965, British supply has decreased by 3.6% annually. Nigeria overtook Britain in 2021, coming in at number 16, while the United States, India and Russia placed second, third and fourth, respectively.
