Forecast: Calculated Inland Consumption of Blast Furnace Gas in the UK

In 2024, the forecasted inland consumption of blast furnace gas in the UK stands at 25.96 thousand terajoules. This represents a decline from 2023 levels, although specific 2023 figures are not stated. The forecast values suggest a steady decrease in consumption year-on-year: 5.66% in 2025, 5.83% in 2026, 6.08% in 2027, and 6.35% in 2028. The compound annual growth rate (CAGR) over the five-year forecast period indicates a consistent downward trend.

Future trends to watch for include the UK's shift towards low-carbon and renewable energy sources, which will likely continue to influence the declining reliance on blast furnace gas. Monitoring industrial policy changes and technological advancements in energy efficiency may also provide insights into future consumption patterns.

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