The forecast for Natural Gas Liquids available for final consumption in the UK shows a consistent upward trend from 2024 to 2028. Beginning at 99.77 Terajoules in 2024, this figure rises to 176.53 Terajoules by 2028. Such a trend signifies increasing demand or broader energy market dynamics, with an average annual growth rate of approximately 15.5% over these five years.
Key future trends to watch:
- Potential shifts in energy policies that may either bolster or hinder growth.
- Technological advancements impacting production and consumption efficiency.
- Market responses to global environmental commitments and their effects on energy mix and reliance on Natural Gas Liquids.
- Economic factors that may influence energy demand, such as industrial growth or contraction.