The consumption of coke oven gas in the UK's iron and steel sectors is expected to decline steadily over the forecast period from 2024 to 2028. Starting from 58.43 ktoe in 2024 and decreasing to 49.94 ktoe by 2028, this indicates a continuous downward trend. Comparing the forecasted data to the 2023 actuals is not feasible due to data constraints. However, the year-on-year variation reflects a consistent reduction, with significant declines toward the latter years. The compounded annual growth rate (CAGR) over these years suggests an overall contraction in consumption.
Future trends worth monitoring include:
- The adoption of alternative energy sources in iron and steel production.
- Technological advancements that might enhance energy efficiency within these sectors.
- Policy and regulatory changes impacting fossil fuel usage and emissions in the industrial sector.
