In 2023, geothermal and biomass energy consumption in the UK stood at an estimated 0.36 Exajoules. Forecasts for 2024 through 2028 indicate a consistent decline in consumption, dropping from 0.34 Exajoules to 0.28 Exajoules. The year-on-year decline from 2024 to 2025 is 5.9%, continuing at 6.25% in 2026 and further slowing to 3.33% in 2027 and 3.45% in 2028. The compound annual growth rate over this period projects a negative trend, signaling decreased reliance on these energy sources.
Future trends to observe include technological advancements that could boost energy efficiency in geothermal and biomass, policy shifts towards more sustainable green energy transition strategies, and competitive dynamics of newer renewable technologies, potentially impacting the consumption trajectory.
