Forecast: Gas Oil and Diesel Oil (Excluding Biofuel Portion) Gross Electricity Production in the UK

In 2023, the gross electricity production from gas oil and diesel oil, excluding the biofuel portion, stood at 428.4 Gigawatthours. From 2024 onwards, there is a clear upward trend with an annual increase ranging between around 2.23% and 1.97% year-on-year up to 2028. The 5-year compound annual growth rate (CAGR) from 2024 to 2028 is projected to be approximately 2%. This steady growth indicates a moderate but continuous expansion in electricity production from these sources.

Future trends to watch for include:

  • Policy changes related to fossil fuel usage and their impact on production.
  • Developments in renewable energy technologies that could affect demand for gas oil and diesel oil.
  • Evolving regulatory framework for carbon emissions, influencing traditional energy sources.

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