The UK’s marine gross electricity production is projected to grow consistently from 62.17 Terajoules in 2024 to 76.45 Terajoules in 2028. From 2023 to 2024, the forecast indicates a significant rise from the previous year’s actuals, although the actual 2023 figure is not specified. The year-on-year growth rate reveals a steady increase, peaking at a compound annual growth rate (CAGR) over the five years. These positive growth metrics highlight a strong upward trend in the marine energy sector.
Future trends to watch:
- Technological advancements in marine energy generation.
- Government policies and investments driving further adoption.
- Environmental impacts and sustainability considerations influencing production practices.