In 2023, the UK's inland consumption of geothermal power was recorded at 34.0 Terajoules. The forecasted data suggests a very modest annual growth in consumption, increasing each year by only 0.1 Terajoules. From 2024 to 2028, this equals a compound annual growth rate (CAGR) of approximately 0.15% per year. This mild growth indicates a stable but slow increase in geothermal energy usage, reflecting a tested acceptance of geothermal technology domestically.
Future trends to watch for include technological advancements in geothermal energy extraction and changes in government policies or incentives for renewable energy adoption. Increased attention on renewable energy could potentially accelerate growth.
