Forecast: Availability for Final Consumption of Natural Gas in the UK

The forecast for natural gas availability for final consumption in the UK from 2024 to 2028 shows a gradual decline. In 2023, the availability was higher than the forecasted 1.5587 million terajoules in 2024, indicating a downward trend. The year-on-year percentage variation indicates a steady decrease in availability of approximately 0.95% annually. The compound annual growth rate (CAGR) over the forecast period suggests an average annual decline of around 0.95% from 2024 to 2028.

Future trends to monitor include:

  • Development of renewable energy sources and their impact on natural gas demand.
  • Changes in energy policies and regulations affecting natural gas supply and consumption.
  • Technological advancements in energy efficiency and their implications for natural gas usage.
  • Market dynamics, including global natural gas prices and supply chain disruptions.

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