In 2023, the gross available energy from fossil fuels in the UK stood below 134.51 Million Tonnes of Oil Equivalent. The forecast data from 2024 to 2028 shows a declining trend. Year-on-year changes highlight a steady reduction, with a 2.18% decrease in 2025, a 2.19% drop in 2026, a 2.19% decline in 2027, and another 2.19% fall projected in 2028. The compound annual growth rate (CAGR) over this period reinforces this downtrend, averaging at a negative rate over the five years.
Looking ahead, several factors could influence this trajectory. Key trends to watch include potential policy shifts towards renewable energy, advancements in green technology, and changing economic factors which could further accelerate the decline in reliance on fossil fuels.
