The forecast for petroleum coke available for final consumption in the UK reveals a consistent declining trend from 2024, starting at 1.6 Thousand Gigawatthours. Over the next years, the figures decrease to 1.39 in 2025, 1.19 in 2026, 0.98752 in 2027, and further to 0.79248 in 2028. Compared to 2023, this represents a year-on-year reduction of approximately 13.13% in 2024, followed by -13.12% in 2025, -14.39% in 2026, -17.00% in 2027, and -19.74% in 2028. The compound annual growth rate (CAGR) over the five-year span projects a negative average yearly change, indicating a consistent downward trend.
Looking ahead, factors to monitor include alternative energy sources, regulatory policies affecting petroleum coke use, and technological advancements in consumption efficiency. These elements could heavily influence the demand and availability of petroleum coke in the UK from 2029 onwards.
