As of 2023, the UK's gas consumption was approximately 71.50 Billion Cubic Meters. From 2024 to 2028, there is a forecasted decline with a year-on-year decrease of about 1% on average, showing a gradual reduction in consumption. This indicates an average annual contraction by a compound annual growth rate of approximately -1.0% over five years. This trend reflects a steady move towards alternative energy sources and improved energy efficiency.
Trends to watch for include the increased adoption of renewable energy, changes in government policies focusing on sustainability, and technological advancements in energy efficiency. These elements could accelerate the decline in gas demand.
