In 2023, UK imports of renewables and biofuels stood at a specified level, laying the foundation for future forecasts.
Projected imports demonstrate a consistent upward trajectory from 2024, increasing from 67.34 to 78.93 Thousand Gigawatthours by 2028, showcasing notable growth. Year-on-year changes reflect percentage rises indicating robust growth potential.
- 2025: +4.4% increasing to 70.32 Thousand GWh
- 2026: +4.2% climbing to 73.25 Thousand GWh
- 2027: +3.9% reaching 76.12 Thousand GWh
- 2028: +3.7% achieving 78.93 Thousand GWh
The compound annual growth rate (CAGR) over the five-year span is approximately 4%.
Future trends to watch include advancements in renewable technology, potential policy shifts from the UK government favoring domestic production, and international market fluctuations impacting import levels and energy prices.
