The forecast for total support on natural gas for residential use in the UK, expressed as a percentage of GDP, indicates stability from 2024 to 2026 at 0.14%. A slight decrease to 0.13% is predicted for 2027 and 2028. With a consistent support level in the initial years and a marginal drop in the latter, the projected compound annual growth rate (CAGR) over the period suggests more profound scrutiny on factors that may adjust these numbers.
Future trends to watch for include:
- Shift in energy policies and their impact on support levels.
- Technological advancements in energy efficiency.
- Changing consumer preferences towards renewable energy sources.
