The commercial and public services' consumption of renewables and biofuels in the UK stands at 1.47 million tonnes of oil equivalent in 2023. Forecasts show a steady year-on-year growth from 2024 to 2028, with a compound annual growth rate (CAGR) of around 3.3% over these five years. This growth highlights an increasing commitment to sustainable energy sources in public and commercial sectors.
Future trends to watch for include:
- Impact of government policies and regulations promoting green energy.
- Technological advancements in renewable energy sources.
- Business sector initiatives aiming for carbon neutrality.