The consumption of fossil energy in the UK’s wood and wood products sector shows a gradual increase from 2024 to 2028, with values projected to rise from 3.49 to 3.60 thousand terajoules. Compared to 2023, this represents a steady upward trend, though lacking substantial variation. The year-on-year increments remain modest, reflecting a minimal increase in percentage terms. This indicates a stable consumption pattern with a limited compound annual growth rate over the five years. As such, anticipations highlight the sector's reliance on fossil energy, which may likely continue unless significant changes or interventions align with the UK's renewable energy targets.
Future trends to watch for include:
- Policy shifts towards reducing fossil energy consumption to meet sustainability goals.
- Technological advancements in wood processing that could affect energy efficiency.
- Market dynamics and economic factors influencing fossil fuel prices and their impact on consumption.