The UK’s renewable electricity generation, excluding hydroelectricity, is projected to grow consistently between 2024 and 2028. Starting at 34% of total electricity production in 2024, the share is expected to reach 38.94% by 2028. The compound annual growth rate (CAGR) over this period is expected to be around 3.6%, indicating a steady upward trend. Looking back, in 2023, renewable electricity generation without hydroelectricity stood just below 34%, emphasizing the sector's continuous expansion.
Future trends to watch for include technological advancements in energy storage and generation efficiency, policy shifts towards further decarbonization, and increased investment in offshore wind farms and solar power projects. These factors could accelerate the growth of renewable electricity in the UK.
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