The UK's kerosene-type jet fuel transformation output is forecasted to gradually decline from 58.94 thousand gigawatthours in 2024 to 57.29 thousand gigawatthours by 2028. The year-on-year variation shows a consistent decrease, averaging around a -0.7% annual drop across the period. This decline suggests a longer-term downward trend in transformation output starting from 2024. For reference, the output level in 2023 stood at 59.37 thousand gigawatthours.
Future trends to watch for:
- Technological advances in energy efficiency and biofuel integration could impact traditional kerosene jet fuel demand.
- Regulatory changes and carbon reduction initiatives may further alter the jet fuel landscape.
- Fluctuations in aviation industry growth following potential economic shifts and consumer behavior post-2024.