The forecast for the UK's Natural Gas Liquids Gross Available Energy shows a steady decline from 2.72 million tonnes of oil equivalent in 2024 to 2.41 million tonnes in 2028. Comparing this to the actual data from 2023, where this figure stood at approximately 2.80 million tonnes, a consistent downward trend is apparent. The year-on-year percentage decline is approximately 3% annually from 2024 through 2028. Over this span, the compound annual growth rate (CAGR) amounts to an approximately -3.0%, highlighting a significant decrease in available energy.
Future trends to watch for include potential policy shifts aimed at reducing reliance on natural gas liquids, technological advancements in alternative energy sources, and fluctuations in market demand that could further impact the UK's natural gas sector.
