Forecast: Coal Consumption in the UK

The data indicates a consistent decline in coal consumption in the UK from 2013 to 2023, with a notable drop from 1.57 exajoules in 2013 to 0.18 exajoules in 2023. This reflects significant year-on-year decreases, such as a 49.1% drop in 2016 and a 28.45% drop in 2019. Recent years have shown continued decline, with a 10.97% reduction in 2022 and a 15.64% decrease in 2023.

Looking ahead, forecasted data suggests this downward trend will continue sharply. By 2028, coal consumption is expected to fall to just 0.031 exajoules, representing a forecasted 5-year CAGR of -26.75% and an overall reduction of 78.91% from 2023 levels.

Future trends to watch include:

  • Increased adoption of renewable energy sources.
  • Government policies and regulations aimed at reducing carbon emissions.
  • Technological advancements in clean energy alternatives.
  • Global economic factors affecting coal demand and supply.

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