Forecast: Natural Gas Available for Final Consumption in the UK

The forecast for natural gas available for final consumption in the UK shows a declining trend, starting at 37.23 million tonnes of oil equivalent in 2024 and decreasing to 35.86 million tonnes by 2028. Comparing to the actual data of 2023, which showed natural gas consumption at a slightly higher volume than 2024, this indicates a steady year-on-year decline, averaging a CAGR of approximately -0.92% over the forecast period.

Future trends to watch for:

  • Transition towards renewable energy sources and its impact on natural gas demand.
  • Potential policy changes to enhance energy security and efficiency.
  • Impact of technological advancements on energy consumption efficiency.
  • Economic factors influencing industrial and consumer energy choices.

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