The share of fossil fuels in the UK's gross available energy is projected to decline gradually from 77.16% in 2024 to 74.82% in 2028. This indicates a consistent year-on-year decrease that aligns with the broader trend of the UK's commitment to decrease reliance on fossil fuels. As of 2023, the actual share of fossil fuels stood at a slightly higher percentage, reinforcing the country's direction towards a more sustainable energy landscape. The compound annual growth rate (CAGR) over the forecast period reflects a modest but steady shift towards renewable energy sources.
Future trends to watch for include policy shifts aimed at accelerating renewable energy adoption, advancements in energy storage technology, and potential global economic shifts that could impact fossil fuel demand and supply dynamics.
