In 2023, the final consumption of coke oven gas in the UK’s iron and steel sectors registered slightly above the forecasted figure for 2024, marking a steady phase previously. From 2024 onwards, forecasts suggest a gradual decline in consumption from 2.45 thousand terajoules to 2.09 thousand terajoules by 2028, indicating a consistent downward trend. The year-on-year percentage decline from 2024 to 2025 is 4.08%, followed by a subsequent 3.83% decrease from 2025 to 2026. This pattern continues with a similar diminishing rate through 2028, reflecting a compound annual growth rate that slightly underscores a slowing sectoral reliance on coke oven gas.
Future trends to watch closely include potential shifts towards renewable energy sources within the iron and steel sectors, likely driven by environmental regulations and sustainability initiatives. Monitoring technological advancements and policy changes will be crucial to understanding further consumption patterns and setting realistic projections.
