The forecast for total support on coal for residential use in the UK shows a consistent decline from 2024 to 2028, with values starting at 25.84 million USD in 2024 and decreasing to 22.48 million USD by 2028. As of 2023, these figures indicate a downward trajectory, reflecting a year-on-year decrease of approximately 3-4%. This trend translates to a compound annual growth rate (CAGR) of around -3.5% over five years.
Future trends to watch for include potential policy shifts towards renewable energy adoption and stricter environmental regulations, which could further reduce the reliance on coal. Additionally, technological advancements in energy efficiency could accelerate this downward trend.
