The UK's Paper, Pulp, and Printing sector consumption of renewables and biofuels stood at 21.92 thousand terajoules in 2023. Forecast data from 2024 to 2028 indicates steady year-on-year growth: 4.4% in 2024, 4.6% in 2025, 4.3% in 2026, 4.1% in 2027, and 3.8% in 2028. The compound annual growth rate (CAGR) over the five-year period is projected at approximately 4.2%, reflecting a commitment to increasing renewable energy adoption within the sector.
Future trends to watch for include technological advancements in biofuel production, policy shifts fostering greater sustainability, potential cost reductions in renewables, and the influence of environmental regulations driving further industry shifts toward green energy.
