In 2023, the UK’s gross inland consumption of natural gas stood at a certain baseline preceding the forecasts. From 2024 to 2028, consumption is projected to slightly decrease from 755.83 to 738.06 thousand gigawatt hours. This represents a consistent year-on-year decrease, averaging a compounded annual growth rate (CAGR) reflective of a gradual decline over five years. This downward trend aligns with increased energy efficiency measures and a shift towards renewable energy sources.

Future trends to watch for include:

Continued advancements in renewable energy technologies potentially further reducing natural gas dependence.
Policy changes impacting energy sourcing, including shifts in regulatory focus towards decarbonization.
Market fluctuations due to geopolitical tensions affecting natural gas supply chains.