In 2023, the volume of coke oven gas available for final consumption in the UK stood at 2.33 thousand terajoules. From 2024 to 2028, a consistent downward trend is evident in the forecasted data, representing a decrease of 24.3% over five years. Year-on-year variation shows a decline: -5.9% from 2024 to 2025, -6.8% from 2025 to 2026, -6.7% from 2026 to 2027, and -7.2% from 2027 to 2028. The compound annual growth rate (CAGR) over this period is approximately -6.92%.
Future trends to watch for include:
- Potential impacts of alternative energy adoption on coke oven gas demand.
- Technological advancements in energy efficiency that might further reduce consumption.
- Policy changes in environmental regulations affecting industrial processes.