Forecast: Total Support on All Fossil Fuels for Producers in the UK

The forecast for total support on all fossil fuels for producers in the UK, measured as a percentage of GDP, shows stability from 2024 to 2026, with values consistently at 0.23%. A slight increase to 0.24% is expected in 2027 and 2028. This follows a stable trend without significant variations, indicating a cautious approach to maintaining support levels amidst potential shifts in the energy sector landscape.

Future trends to watch include:

  • Potential policy changes addressing climate change and emissions targets.
  • Technological advancements in renewable energy that may impact fossil fuel support.
  • Economic factors that could alter GDP and thus influence percentage allocations.

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