The nuclear energy generation in the UK has shown a clear downward trend from 70.61 TWh in 2013 to 47.82 TWh in 2023, which represents an approximate 32% decrease. Significant year-on-year declines include -13.65% (2019) and -10.51% (2020), whereas a modest recovery was observed in 2022 with a 3.96% increase. The compounded average growth rate (CAGR) over the past five years stands at -5.97%, indicating a consistent decline. Notably, the forecast for 2024 to 2028 suggests a slight positive change with a 5-year CAGR of 0.17%, pointing to a stabilization phase.
Future trends to watch for:
- Impact of newly proposed nuclear plants on overall generation capacity.
- Policies promoting renewable energy, which might affect investment in nuclear energy.
- Technological advancements improving nuclear plant efficiency.
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