The forecasted data for petroleum coke energy supply in the UK from 2024 to 2028 indicates a consistent decrease, with an annual decline in supply. The transition from 2023 to 2028 outlines a steady downward trend in supply volumes, reflecting a significant reduction by 2028.
- 2024 sees a decrease from 2023 levels, marking the beginning of this downward trend.
- Year-on-year decreases are substantial and consistent, exacerbating the overall drop by nearly 18% by 2028 from 2023 levels.
- The five-year compound annual growth rate (CAGR) also suggests an average annual decline in this energy supply category.
Future trends to watch for include the UK's shifting energy policy landscape, a potential move towards more sustainable energy sources, and how these factors will influence petroleum coke's role in the energy mix.
