Forecast: Solid Fossil Fuels Final Consumption in Industry in the UK

The final consumption of solid fossil fuels in the UK industry shows a clear downward trend from 2024 to 2028. Starting at 8.88 Thousand Gigawatthours in 2024, the consumption is forecasted to decline each year, reaching 5.8 by 2028. The year-on-year percentage variations indicate a decline of 9% in 2025, 9.5% in 2026, 10.5% in 2027, and 11.3% in 2028. The compound annual growth rate (CAGR) over the five-year period from 2024 through 2028 reflects an average decrease of approximately 10.6% annually.

Future trends to watch for:

  • Transition to renewable energy sources driven by stricter environmental regulations.
  • Technological advancements facilitating energy efficiency and reduction in fossil fuel dependence.
  • Economic factors impacting industry decisions on energy sourcing and consumption.

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