The forecast for UK's gross electricity production from natural gas between 2024 and 2028 shows a steady increase, with production projected to rise from 478.9 thousand terajoules in 2024 to 485.12 thousand terajoules in 2028. Year-on-year growth rates are modest, reflecting a gradual upward trend. Given 2023's actual production data, the compound annual growth rate (CAGR) projected over the five-year period is relatively low, indicating stable utilization of natural gas in the energy mix.
Future trends to watch include the potential impact of green energy policies, technological advancements in natural gas efficiency, and fluctuations in gas market prices. These factors could influence the balance between natural gas and renewable energy sources in the UK's power generation landscape.
