The forecasted consumption of renewables and biofuels in the UK's non-metallic minerals sector shows a steady increase from 2024 to 2028. In 2023, the actual consumption stood below 254 thousand tonnes of oil equivalent. Observing year-on-year growth, the sector is expected to experience an average growth rate of around 4.5% from 2024 to 2028. Specifically, consumption is anticipated at 254.12 in 2024, rising to 302.92 in 2028, marking a significant upward trend.
Future trends to watch for include:
- Technological advancements enhancing energy efficiency.
- Policy changes promoting renewable adoption.
- Market dynamics influencing resource availability and pricing.
