As of 2023, the fossil energy consumption in international maritime bunkers in the UK stood at roughly 95.0 thousand terajoules. The forecasted data from 2024 through 2028 shows a declining trend in consumption, with a consistent year-on-year decrease of around 1% to 1.5%. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) reflects a downward trend, averaging a reduction of about 1% per year.
Looking ahead, key trends to watch for include shifts towards cleaner fuels and the impact of regulations targeting carbon emissions, which may accelerate the decline in fossil energy consumption within the maritime sector.
