In 2023, the number of self-employed individuals in the UK's Electricity, Gas, Steam, and Air Conditioning Supply sector stood at approximately 9.72 thousand persons. The forecasted data from 2024 to 2028 shows a steady increase in the number of self-employed workers, growing from 9.93 thousand in 2024 to 10.77 thousand by 2028.
Year-on-year, there is a consistent growth in the self-employed segment, averaging around 2% annual increase projected through this period. Over the five-year period from 2024 to 2028, this trend reflects a Compound Annual Growth Rate (CAGR) of approximately 2% as well.
Future trends to observe include:
- Technological advancements and their potential to disrupt existing job roles, possibly necessitating re-skilling.
- Evolving energy policies and regulatory changes could impact entrepreneurial opportunities in this sector.
- The push towards sustainable and renewable energy sources may expand self-employment options and demand for specialized skills.