Forecast: Total Electricity Generation in the UK

Based on the provided data, the UK's total electricity generation is forecasted to steadily decrease from 296.92 thousand GWh in 2024 to 286.1 thousand GWh in 2028. Notably, generation stood at 300 thousand GWh in 2023. Year-on-year analysis reveals percentage decreases as follows: 2025 by approximately 0.94%, 2026 by roughly 0.93%, 2027 around 0.92%, and 2028 about 0.91%. The compound annual growth rate (CAGR) for the period 2023-2028 is observed to be -0.95%, indicating a gradual declining trend.

Future trends to watch for include the increasing adoption of renewable energy sources, advancements in energy storage technologies, and policy shifts towards carbon neutrality, which may profoundly impact total electricity generation figures in the coming years.