Forecast: Renewables and Biofuels Gross Inland Consumption in the UK

In 2023, the UK’s renewables and biofuels gross inland consumption stood at 26.2 million tonnes of oil equivalent. By 2028, forecasts indicate a substantial increase to 31.45 million tonnes. The period from 2024 to 2028 shows an average yearly growth of approximately 3.6%, reflecting steady progress in the adoption of sustainable energy sources. The most notable year-on-year increase occurs between 2027 and 2028, with a rise of 3.42%.

Future trends to watch for include legislative developments that could accelerate investments in renewable infrastructure, innovations in biofuel production technologies, and potential fluctuations in fossil fuel markets affecting demand for renewables.

Top Countries about Biofuel