Based on the forecasted data, the electricity transformation output in the UK shows a gradual decline from 2024 through 2028. In 2023, the output was 311.9 Thousand Gigawatthours. Moving forward, the output reduces from 308.83 Thousand Gigawatthours in 2024 to 296.65 Thousand Gigawatthours in 2028, revealing a consistent year-on-year decrease. Year-on-year variations show a decrease of approximately 1% annually over the period. The Compound Annual Growth Rate (CAGR) from 2023 to 2028 suggests an average annual reduction of around 1%.
Future trends to watch for include the impact of renewable energy integration, advancements in energy storage technologies, and potential changes in government policies related to energy production and consumption.
