Forecast: Commercial and Public Services Final Consumption of Geothermal Power in the UK

In 2023, the UK's consumption of geothermal power in commercial and public services was estimated at approximately 12.2 Terajoules. The forecast shows a consistent downward trend from 2024 to 2028, with an annual decrease in consumption. The year-on-year variation indicates a reduction of 9.8% in 2025, 9.9% in 2026, 11% in 2027, and 12.3% in 2028. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 projects an average annual decline of around 10.6%.

Future trends to watch for:

  • The impact of government policies on renewable energy adoption.
  • Technological advancements in geothermal power generation.
  • Market demand shifts caused by increased energy efficiency measures.
  • Potential developments in energy storage solutions affecting geothermal energy viability.

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