The Nuclear Heat Gross Electricity Production in the UK shows a significant downward trend over the past decade. In 2023, the production stood at 54.48 thousand gigawatt-hours, reflecting a year-on-year decline of 2.04%. Over the previous two years, the variation also presented a mixed trend with a brief increase in 2022 but a drop in the surrounding years. The Compound Annual Growth Rate (CAGR) over the last five years suggests an annual average reduction of 3.49%.
Looking ahead, the forecast from 2024 to 2028 indicates further declines, with a five-year CAGR of -1.82%, predicting a shrink of approximately 8.78% in gross electricity production due to nuclear heat by 2028.
Trends to watch for in the future include:
- Potential transitions to alternative energy sources as the UK commits to reducing carbon emissions.
- Advances in nuclear technology or governmental policy changes that might affect production rates.
- The impact of decommissioning older nuclear plants and the potential commissioning of new ones.