Forecast: Renewables and Biofuels Gross Heat Production in the UK

In 2023, the combined gross heat production from renewables and biofuels in the UK was at 6.12 thousand terajoules. From 2024 onwards, forecasts indicate a steady growth trajectory: 2024 sees a value of 6.44 thousand terajoules, anticipated to grow to 7.68 thousand terajoules by 2028. This represents an average annual growth rate (CAGR) of approximately 4.66% over the five-year forecast horizon. Notably, annual increases observe gradual enhancement, with a 2024-2025 rise of 4.97%, matching closely in the subsequent years with slight increments.

Key future trends to watch for include:

  • Technological advancements in biofuels and renewables
  • Policy shifts and regulatory changes
  • Market responsiveness to global energy demands and sustainability goals
  • Investment trends in infrastructure to support renewables

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