Analyzing the forecasted fossil energy consumption in the UK’s international maritime bunkers from 2024 to 2028, there is a clear decreasing trend in consumption, beginning from 2.25 million tonnes of oil equivalent in 2024 and gradually declining to 2.15 by 2028. Comparing this to the previous year, 2023, which isn’t provided but can be inferred from the declining values, the trend over the next five years reflects a conservative strategy towards energy consumption.
- Year-on-year percentage decrease from 2024 to 2025 is approximately 1.33%, from 2025 to 2026 is 0.90%, from 2026 to 2027 is 0.91%, and from 2027 to 2028 is 1.38%.
- Over the five-year forecast period, the Compound Annual Growth Rate (CAGR) shows an average yearly decrease in consumption, highlighting a shift in energy policies.
Future trends to watch for include the adoption of more stringent environmental regulations, advancements in alternative fuels, and technological innovations which may further accelerate the decline in fossil energy utilization in maritime sectors.
