The household consumption of renewables and biofuels in the UK, expressed in million tonnes of oil equivalent, shows a gradual increase from 2.5 in 2024 to 2.8 in 2028. This represents an approximate year-on-year increase of 3.2% over the five-year forecast period. Compared to 2023, this reflects a growing appetite and transition towards cleaner energy sources among UK households. Over the five years, the compound annual growth rate (CAGR) stands at about 2.8%.
Future trends to watch for:
- Technological advancements that could enhance biofuel efficiency.
- Policy changes influencing the adoption of renewable energy.
- Market dynamics impacting renewable energy costs and incentives.
