The forecasted final consumption of coke oven gas in the UK’s iron and steel sectors shows a steady decline from 2024 through 2028, starting at 679.48 Gigawatt hours in 2024 and decreasing to 580.75 Gigawatt hours by 2028. This represents a continuous downward trend, with a year-on-year percentage decrease indicating reduced reliance on coke oven gas. Comparing to 2023 figures around 700 Gigawatt hours, a consistent reduction can be observed. The compound annual growth rate (CAGR) across this five-year outlook signifies a notable decline, averaging year-on-year negative growth.
Future trends to watch for include the adoption of more sustainable energy sources and technological advancements in steel manufacturing, potentially accelerating the reduction in coke oven gas dependency. Monitoring these trends will be crucial for understanding future demand and energy consumption patterns in the industry.
