The UK wood and wood products sector’s final consumption of natural gas is expected to show a steady increase from 2024 to 2028, with consumption forecasts rising from 543.84 to 575.06 Gigawatthours. This represents a consistent annual growth rate, with a Compound Annual Growth Rate (CAGR) of approximately 1.42% over this five-year period.
Future trends to watch for include:
- Impact of energy efficiency policies on natural gas demand.
- Potential shift towards renewable energy sources.
- Influence of economic factors on industrial energy consumption.
