In 2023, the household consumption of renewables and biofuels in the UK stood at 28.2 thousand gigawatthours. Forecasts suggest steady growth from 2024 to 2028, with values rising from 29.06 to 32.6 thousand gigawatthours, marking a positive trend. Year-on-year growth shows a fairly consistent increase of approximately 3% annually. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is projected to be around 3% as well.
Future trends to watch for include technological advancements that may boost efficiency and a potential shift in government policies that could impact the adoption and integration of renewable energy sources in residential sectors.
