The gross electricity production of nuclear heat in the UK is projected to decrease consistently from 2024 to 2028, starting at 190.92 thousand Terajoules in 2024 and declining to 174.16 thousand Terajoules by 2028. Compared to 2023, the year-on-year variations indicate a steady downward trend. The decrease from 2024 to 2025 is approximately 2.25%, from 2025 to 2026 is around 2.28%, from 2026 to 2027 it is about 2.27%, and from 2027 to 2028, it is close to 2.28%. The compound annual growth rate (CAGR) over these five years shows a consistent average annual decline.
Future trends to watch for:
- Potential advancements in nuclear technology, which might reverse or slow down the declining trend.
- Government policies and investments in renewable energy, potentially shifting focus from nuclear energy.
- Global energy market dynamics influencing the demand and development of nuclear energy infrastructure in the UK.