Forecast: Gross Electricity Production of Nuclear Heat in the UK

The Gross Electricity Production of Nuclear Heat in the UK has exhibited a fluctuating trend over the past decade. Notable declines were recorded in 2014, 2018, and 2019, with significant drops of -9.71%, -7.5%, and -13.65%, respectively. From 2019 to 2023, the production continued to decrease, with a slight recovery in 2022 but falling again in 2023 to 54.48 Thousand Gigawatthours. Over the last five years, the Compound Annual Growth Rate (CAGR) averaged -3.49%, signaling a consistent downward trend.

Looking forward, the forecast indicates a continued decrease in production, with a projected value of 48.38 Thousand Gigawatthours by 2028. The forecasted CAGR over the next five years is -1.82%, suggesting a gradual but steady decline in nuclear heat-based electricity production.

Future trends to monitor include advancements in nuclear technology, government policies on renewable energy, and investments in clean energy infrastructure. These factors could potentially influence the nuclear energy sector's output and its role in the UK's energy mix.