Key Market Indicators
The United Kingdom's wind energy capacity is projected to reach approximately 35,720 megawatts by 2028, up from 28,940 megawatts in 2023. This marks an average annual growth rate of 3.3%. Since 1995, British wind supply has seen a steady increase, averaging a 5.9% yearly growth rate. In 2023, the UK ranked third globally in wind capacity, trailing Spain, which also stood at 28,940 megawatts. Spain, the United Kingdom, and France occupied the second, third, and fourth spots in this ranking, respectively. On the consumption front, British wind power consumption is expected to rise to about 1.03 exajoules by 2028, up from 0.79 exajoules in 2023. This represents an average annual growth rate of 4.1%. Since 1998, British demand for wind energy has surged at an average annual rate of 7.8%. In 2023, the UK ranked second in wind power consumption, with Germany leading at 0.79 exajoules. The United Kingdom, Spain, and France held the second, third, and fourth positions in this category, respectively.
