The forecast for the UK natural gas gross heat production shows a moderate upward trend between 2024 and 2028, beginning at 17.95 thousand gigawatthours in 2024 and reaching 19.09 thousand gigawatthours by 2028. This represents a compound annual growth rate (CAGR) over the five-year period. For comparison, the production stood below this level in 2023, as preceding years indicated slightly lower heat production figures.
Year-on-year, the production growth is solid with slight increases from 2024 through 2028, mirroring a steady market demand or stable policy and economic conditions conducive to production expansion.
Future trends to watch for:
- Impact of renewable energy integration on natural gas demand.
- Changes in government policies affecting energy production and consumption.
- Technological advancements that could optimize gas production efficiency.
