The forecast for the UK's fossil energy gross inland consumption shows a steady decline from 2024 to 2028, with values decreasing from 1.5382 to 1.4067 Million Gigawatthours. In 2023, the consumption level was 1.572 million gigawatthours. From 2024, the year-on-year decline is consistent, around -2.2% to -2.3%. Over the five-year forecast period, the compound annual growth rate (CAGR) is approximately -2.15%, indicating a clear downward trend aligned with the UK's energy transition efforts.
Future trends to watch for include how advancements in renewable energy technologies and policy shifts towards sustainability will further impact fossil energy consumption. Additionally, economic factors and potential energy crises might alter these projections, influencing both pace and scale of the decline.
