The forecasted trend for fossil energy final consumption in the UK’s commercial and public services sector shows a gradual decline from 2024 to 2028. In 2024, consumption is projected at 142.9 Thousand Gigawatthours, with a slight year-on-year decrease each subsequent year, reaching 139.9 Thousand Gigawatthours by 2028. Compared to the consumption level in 2023, this showcases a consistent downward trajectory. The compound annual growth rate (CAGR) over these five years demonstrates an average reduction, indicating a shift towards reduced reliance on fossil energy.
Future trends to watch include:
- Increased adoption of renewable energy sources in commercial and public sectors.
- Potential regulatory pressures encouraging energy efficiency improvements.
- Technological advancements in energy storage and management systems.