The forecasted consumption of renewables and biofuels in the UK's Agriculture and Forestry sector shows a gradual decline from 2024 to 2028. Starting from 1.15 Thousand Gigawatthours in 2024, the sector experiences a year-on-year decrease of approximately 3.48% by 2025, then further decreases by about 2.7% per year until reaching 1.03 Thousand Gigawatthours by 2028. This consistent downward trend indicates a compounded annual growth rate (CAGR) of -2.67% over the five-year period. In 2023, the consumption stood slightly higher, emphasizing the current shift away from these energy sources.
Future trends to watch for include:
- Technological advancements in renewable energy sources and their adoption.
- Government policies impacting energy consumption patterns in the agriculture sector.
- Rising efficiency measures and alternative energy adoption reducing reliance on traditional biofuels.