Forecast: Solid Fossil Fuels Final Consumption in Non-Metallic Minerals Sector in the UK

In the UK's non-metallic minerals sector, the final consumption of solid fossil fuels is forecasted to decline from 229.25 thousand tonnes of oil equivalent in 2024 to 119.19 by 2028. From 2024 to 2027, there's an average year-on-year decline of around 13.14%, with a compound annual growth rate (CAGR) of -14.09% over five years, reflecting significant shifts towards alternative energy sources and sustainability measures.

Future trends to watch for include:

  • The accelerated transition to renewable energy sources driven by governmental policies.
  • Technological advancements in reducing dependence on solid fossil fuels.
  • Potential economic and regulatory changes that might impact energy consumption patterns.

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