The forecasted exports of solid fossil fuels in the UK display a gradual decline from 4.52 thousand gigawatt-hours in 2024 to 4.02 thousand gigawatt-hours in 2028. As of 2023, exports stood at *value needed*. The year-on-year decrease is consistent, averaging a decline of around 2.5% annually. This trajectory suggests a compound annual growth rate (CAGR) of approximately -2.7% over the five-year forecast period, reflecting a steady reduction in export volumes.
Future trends to watch for include:
- Impact of renewable energy adoption on fossil fuel demand.
- Potential changes in trade policies or international relations affecting exports.
- Technological advancements in energy efficiency possibly reducing solid fossil fuel dependence.