In 2023, the UK's patent fuel imports stood at 188.38 gigawatt-hours. From 2024 to 2028, forecasts show a subtle, steady decline in imports, decreasing by about 0.4% each year, resulting in a five-year average decrease (CAGR) of approximately 0.3% annually. This reflects stabilized but slightly receding demand aligning with potentially growing domestic production or alternative energy sources.
Future Trends to Watch:
- Shifts in domestic energy policies promoting renewable energy.
- Technological advancements in energy storage and efficiency.
- Global economic factors affecting energy import prices.