The forecast for electricity final consumption in rail transport in the UK shows a steady increase from 2024 to 2028. Starting from 19.54 thousand terajoules in 2024, consumption is set to rise to 20.66 thousand terajoules by 2028. This represents a year-on-year growth between 1.49% and 1.05%, with a compound annual growth rate (CAGR) of approximately 1.41% over the five-year period. In comparison, the figure for 2023 was slightly lower, though not specified here, it highlights the consistent upward trajectory.
Future trends to watch for include advancements in rail technology leading to more efficient energy use and the increased electrification of rail networks. Policies promoting sustainability could further drive demand for cleaner energy sources in rail transport, impacting electricity consumption patterns.
