In 2023, the final consumption of natural gas in the UK transport equipment sector stood at an estimated 4.95 Thousand Gigawatthours. From 2024, the forecast suggests a steady decline in usage with a year-on-year drop of approximately 2.91% annually, culminating in a projected consumption of 4.25 Thousand Gigawatthours by 2028. The compounded annual growth rate over this five-year period reflects a consistent downward trend.
Future trends to watch for include:
- Increased adoption of electric vehicles reducing natural gas reliance.
- Policy changes impacting the transport sector’s energy mix.
- Technological advancements in alternative fuel sources.
