Forecast: Fossil Energy Final Consumption in Industry in the UK

The UK's fossil energy final consumption in the industry is set to decline steadily from 12.42 million tonnes of oil equivalent in 2024 to 10.05 million in 2028. This represents a year-on-year decrease: -4.91% from 2024 to 2025, -5.08% from 2025 to 2026, -5.17% from 2026 to 2027, and -5.46% from 2027 to 2028. The compound annual growth rate (CAGR) is expected to be approximately -5.16% over five years.

Future trends to watch for in the UK industry include:

  • Increased adoption of renewable energy sources as part of the net-zero emissions target.
  • Technological advancements that improve energy efficiency.
  • Legislative measures to further reduce carbon footprints in industrial processes.

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