The UK's gross inland consumption of renewables and biofuels has shown a steady increase from the 2023 baseline of approximately 303.0 thousand gigawatt-hours. From 2024 through 2028, forecasts show a year-on-year growth rate of around 4% to 4.5%, indicating a consistent rise in adoption. By 2028, consumption is expected to reach 365.8 thousand gigawatt-hours, representing a compound annual growth rate (CAGR) of 4.7% over five years.
Future trends to watch for:
- Expansion of government policies promoting renewable energy.
- Technological advancements in biofuel production and efficiency.
- Increasing investments from private and public sectors into renewable infrastructure.
