Forecast: Fossil Energy Final Consumption in Construction in the UK

In 2023, the fossil energy final consumption in construction in the UK stood at a recorded value of approximately 28.0 thousand terajoules. The forecasts from 2024 to 2028 suggest a gradual year-on-year increase in consumption, with the value rising from 28.42 thousand terajoules in 2024 to 29.46 thousand terajoules by 2028. The projected annual growth rates are relatively modest, reflecting a stable upward trend in fossil energy usage in the construction sector.

The projected compound annual growth rate (CAGR) over the five-year forecast period from 2023 to 2028 is approximately 1.0%. This indicates a consistent annual increase in energy consumption.

Future trends to watch for:

  • Increasing regulatory pressures and incentives for the adoption of renewable energy sources in construction may influence future consumption patterns.
  • Technological advancements in energy efficiency and construction materials could moderate fossil energy demand growth.
  • The economic factors impacting construction activity levels, such as investments and government policies, will play a crucial role.

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