The forecast for solid fossil fuels final consumption in the UK’s non-metallic minerals sector indicates a consistent downward trend from 2024 to 2028. In 2023, consumption stood at 10.8 thousand terajoules. By 2028, it is projected to decrease, marking a year-on-year decline of 12.4% from 2024 to 2028. This represents a compound annual growth rate (CAGR) of -14.5% over the five-year period, reflecting ongoing efforts to reduce carbon emissions and shift towards sustainable energy sources.
Future trends to watch include:
- Further policy changes aimed at decarbonizing industries.
- Increasing adoption of alternative energy within the sector.
- Potential impacts of technological advancements on energy efficiency.
- Economic factors influencing energy consumption patterns.
