Forecast: Fossil Energy Available for Final Consumption in the UK

The forecast for fossil energy available for final consumption in the UK indicates a consistent decline from 2024 to 2028. The year-on-year percentage change reveals a steady decrease, reflecting a shift towards renewable and sustainable energy sources. In 2023, the actual consumption stood at 1.2 million Gigawatthours. The compound annual growth rate (CAGR) over the five years suggests an average annual decline, emphasizing the UK's ongoing transition to cleaner energy.

Future trends to watch for include:

  • An accelerated shift to renewable energy and away from fossil fuels.
  • Potential policy and technological advancements impacting energy consumption patterns.
  • Global energy market fluctuations influencing local energy strategies.

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