In 2023, the UK recorded a Gross Available Energy from Coke Oven Coke that marked a baseline for projected growth in subsequent years. The forecast from 2024 to 2028 demonstrates a consistent year-on-year increase in energy availability. From 2024's value of 37.06 thousand terajoules, the projection sees a steady rise through to 2028 with a notable acceleration. Each year maintains progressive gains, indicative of a compound annual growth rate (CAGR) across the period. This growth underscores an optimistic expansion phase for coke oven coke energy within the UK market.
Future trends to monitor include:
- Technological advancements in coke production enhancing energy efficiency.
- Policy shifts in environmental regulations impacting coke usage.
- Global market influences affecting supply chains and production costs.
