The forecast for the UK's geothermal power gross inland consumption indicates a stable trend with a slight increase from 2024 to 2028. In 2023, the consumption was lower, and the subsequent data shows a consistent but minimal rise from 34.1 Terajoules to 34.3 Terajoules over five years. Year-on-year variations are negligible, with a forecasted increase of about 0.29% between 2026 and 2027, and 0.29% between 2027 and 2028. The compound annual growth rate (CAGR) over these years suggests a very modest increase, reflecting a steady but limited expansion in geothermal energy consumption.
Future trends to watch for include the potential for increased governmental and technological support that could stimulate greater adoption and investment in geothermal energy infrastructure. Monitoring policy changes targeted at renewable energy and advancements in geothermal technology is crucial as these could significantly influence the trajectory of consumption growth.
