The forecast for the final consumption of gas oil and diesel oil in commercial and public services in the UK shows a steady upward trend from 37.45 thousand terajoules in 2024 to 38.18 thousand terajoules in 2028. Prior to this forecast, the consumption level in 2023 was slightly lower than in 2024, emphasizing a gradual increase. The year-on-year growth from 2024 to 2028 is consistent, with an average compound annual growth rate (CAGR) reflecting this moderate increase across the five-year forecast period. This suggests a stable and predictable rise in demand over these years.
Future trends to watch for include potential shifts in energy policies, particularly those aimed at reducing carbon emissions, which could impact the demand for fossil fuels. Additionally, advancements in renewable energy technologies and their increasing adoption in commercial and public sectors may influence future consumption patterns. Monitoring the interplay between policy changes, technological developments, and market demand will be crucial for stakeholders in this industry.
