Forecast: Marine Gross Electricity Production in the UK

The UK marine gross electricity production is projected to increase steadily from 2024 to 2028, growing from an estimated 17.27 Gigawatt-hours in 2024 to 21.24 Gigawatt-hours in 2028. This represents a compound annual growth rate (CAGR) of approximately 5.28% over this period. The year-on-year growth rates indicate an average increase of around 4.89% annually compared to the previous years, where actual data preceding 2024 showed varied trends.

Key future trends to watch for in the UK marine electricity sector include:

  • Further technological advancements in marine energy technologies which could enhance efficiency.
  • Government policies and regulatory changes that may either boost or hinder the deployment of new marine energy projects.
  • Investment in infrastructure and grid integration to support increased electricity production.
  • Environmental considerations and public acceptance which can impact the pace and scale of project development.

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