In 2023, fossil energy consumption in the UK's machinery sector stood at 1.53 million tonnes of oil equivalent. From 2024 onwards, forecasts indicate a steady decline, with consumption expected to drop from 1.51 in 2024 to 1.45 million tonnes by 2028. This represents an average annual decrease of around 1% over the five-year forecast period, suggesting a gradual shift away from fossil energy in this sector.
Future trends to watch for:
- Continued investment in renewable energy and technology innovations that may further reduce fossil energy dependence.
- Government policies and regulations driving sustainability efforts and energy efficiency in the machinery sector.
- Potential economic factors that could influence energy consumption patterns in industrial sectors.