In 2023, the gross electricity production from blast furnace gas in the UK was approximately stable preceding the forecast for 2024. From 2024 to 2028, a consistent decline is observed, with an annual drop of 6.47% from 2024 to 2025, 6.07% from 2025 to 2026, 6.32% from 2026 to 2027, and 6.63% from 2027 to 2028. This results in a forecasted compound annual growth rate (CAGR) of approximately -6.4% from 2024 to 2028.

Future trends to watch for include:

The impact of policy shifts towards cleaner energy sources on blast furnace gas electricity production.
Technological advancements that could influence efficiency and output levels.
Market influences such as steel production trends affecting blast furnace operations.