As of 2023, the UK's primary energy consumption stood at 106.7 gigajoules per capita. The forecast from 2024 to 2028 reveals a consistent decline, with values at 105.78, 104.73, 103.75, 102.84, and 102 gigajoules per capita respectively. This indicates a year-on-year decrease, highlighting the UK's efforts towards energy efficiency and possibly a transition to more sustainable energy sources.
The compounded annual growth rate (CAGR) over the projected period suggests a steady average decline in energy consumption, which aligns with government policies aiming for reduced carbon emissions and increased energy savings.
Future trends to watch for include:
- Technological advancements in renewable energy sources.
- Government policies impacting energy efficiency standards.
- The role of consumer behavior changes on energy demand.
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