The United Kingdom Renewable Energy Market Report is Segmented by Technology (Solar Energy, Wind Energy, Hydropower, Bioenergy, Geothermal, and Ocean Energy) and End-User (Utility, Commercial and Industrial, and Residential). The Market Sizes and Forecasts are Provided in Terms of Installed Capacity (GW).

The UK's reallocated energy use and energy intensity - the level of usage per unit of economic output, by industry (SIC 2007 group - around 130 categories), 1990 to 2023.

The United Kingdom Power Market is Segmented by Power-Generation Source (Thermal, Nuclear, and Renewables) and End-User (Utilities, Commercial and Industrial, and Residential). The Market Sizes and Forecasts are Provided in Terms of Installed Capacity (GW).

The UK's energy use by industry (SIC 2007 group - around 130 categories), source (for example, industrial and domestic combustion, aircraft, road transport and so on - around 80 categories) and fuel (for example, anthracite, peat, natural gas and so on - around 20 categories), 1990 to 2023.

The use of electricity by the British energy industry has annually declined for most of the past decade. In 2023, the sector's electricity consumption amounted to less than ** terawatt-hours, the lowest figure in the period under consideration.

The UK's direct use of energy from fossil fuels and other sources (nuclear, net imports, renewables, biofuels and waste and reallocated use of energy by industry (SIC 2007 section - 21 categories), 1990 to 2023.

The Report Covers Geothermal Energy Companies in the UK and the market is segmented by Application (Power Generation and Direct Heat Utilization).

This statistic shows the gross value added (GVA) development in the nuclear energy industry in the United Kingdom from 2010 to 2013. The compound annual growth rate was *** percent. The GVA from this sector was measured at *** billion British pounds (GBP) in 2013. The United Kingdom has a long association with nuclear energy, opening world's first industrial scale nuclear power station in 1956, at Sellafield in Cumbria. While generally declining, energy consumed from nuclear sources in the United Kingdom still amounted to **** million metric tons of oil equivalent in 2015. This is less than it was in 1998, but still a marked increase from the **** million metric tons of oil equivalent seen in 2008. Of all the methods used to generate electricity in the United Kingdom in 2015, nuclear generated the third highest amount of electricity, at ***** terawatt hours compared with close to 100 terawatt hours for gas, and approximately ** terawatt hours for coal. Due to the inherent risks nuclear energy carries, the merits of its use as a source of energy is generally a topic of strong conversation. In 2016, the Department of Energy and Climate Change's tracking survey found that ** percent of respondents agreed that nuclear energy provides a reliable source of affordable energy, compared with just ** percent that disagreed to some extent.

The size of the United Kingdom Renewable Energy Market was valued at USD 40 Billion in 2023 and is projected to reach USD 90 Billion by 2032, with an expected CAGR of 10.04% during the forecast period. Recent developments include: February 2023: the Crown State in the United Kingdom signed agreements to lease six offshore wind energy projects. These projects are likely to start generating electricity by the end of the decade, and these projects have the potential to generate 8 GW of renewable energy sufficient to power more than seven million households., March 2022: Shell announced a plan to invest around USD 33 billion n the United Kingdom energy system in the next ten years. Around 75 % of total investment was expected in renewable energy projects, including offshore wind, hydrogen, and electric mobility., January 2022: SSE announced details of its first solar project that delivered 30 MW of clean energy as part of its ambitious USD 16 billion investment program to power change toward net zero. The 30-MW solar farm at Littleton Pastures is located near Evesham, Worcestershire, England. Once completed in late 2023, the 77-acre site can power about 9,400 homes.. Key drivers for this market are: 4., Supportive Government Policies in the Country4.; Rising Efforts to Decrease the Dependency on Fossil Fuels to Reduce Carbon Emissions. Potential restraints include: 4., Changes in Government Policies Related to Increasing VAT on Various Clean Energy Technologies. Notable trends are: Wind Energy is Expected to Dominate the Market.

United Kingdom Energy Consumption: Other Industries: Electricity data was reported at 1,873.868 TOE th in Jun 2018. This records a decrease from the previous number of 1,907.562 TOE th for Mar 2018. United Kingdom Energy Consumption: Other Industries: Electricity data is updated quarterly, averaging 2,174.980 TOE th from Mar 1998 (Median) to Jun 2018, with 82 observations. The data reached an all-time high of 2,533.798 TOE th in Dec 2004 and a record low of 1,790.793 TOE th in Dec 2015. United Kingdom Energy Consumption: Other Industries: Electricity data remains active status in CEIC and is reported by Department for Business, Energy and Industrial Strategy. The data is categorized under Global Database’s United Kingdom – Table UK.RB006: Energy Consumption: by Industrial Consuming Group.

In 2023, the most energy intense industry in the UK industrial economy was the chemical sector, followed by food and beverages. Both industries recorded gross calorific energy use of more than *** million metric tons of oil equivalent.

"The future is green energy, sustainability, renewable energy" - Arnold Schwarzenegger, 2012

Context

Renewable energy is essential for reducing carbon emissions and mitigating climate change. Additionally, renewable energy

• improves public health
• creates jobs
• ensures energy security through diversification
• stabilises energy prices

The importance of moving away from fossil fuels and towards renewable sources cannot be understated. As such, this dataset tracks the growth of the UK's renewable sector from 1990 to 2020.

Content

This dataset details the consumption of energy from 17 different renewable and waste sources from 1990 to 2020. It contains the energy use from each source individually as well as the total consumption. It also contains the total energy consumption from primary fuels and therefore the very useful metric: % of consumption from renewables!

Units: The unit of energy used in this dataset is the megatonne of oil equivalent (mtoe) . For context 1 mtoe = 42 petajoules (42 x 10^15 J)

Dataset Notes

• Wind includes wave and tidal from 2000
• Cross-boundary adjustment includes use by UK residents abroad and excludes by foreign residents in UK territory. It applies to bioethanol and biodiesel.
• All figures are reported to 3 decimal places. Total figures are based on raw data and therefore may not sum due to rounding.

Acknowledgements

This data is from Ricardo Energy and Environment, Office for National Statistics (ONS) and was downloaded from here on 9 October 2022.

The dataset's release date was 9 June 2022.

The dataset is licensed under the Open Government Licence v3.0 according to ONS.

United Kingdom Energy Consumption: Construction data was reported at 725.200 TOE th in 2017. This records an increase from the previous number of 685.060 TOE th for 2016. United Kingdom Energy Consumption: Construction data is updated yearly, averaging 726.190 TOE th from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 1,150.000 TOE th in 1992 and a record low of 528.150 TOE th in 2007. United Kingdom Energy Consumption: Construction data remains active status in CEIC and is reported by Department for Business, Energy and Industrial Strategy. The data is categorized under Global Database’s United Kingdom – Table UK.RB007: Energy Consumption: by Industrial Consuming Group (Annual).

The United Kingdom Offshore Wind Energy Market Report is Segmented by Foundation Type (Fixed and Floating), Turbine Capacity (Up To 3 MW, 3 To 6 MW, and Above 6 MW), and Application (Utility-Scale, Commercial and Industrial, and Community Projects). The Market Sizes and Forecasts are Provided in Terms of Installed Capacity (GW).

Greater awareness about the effects of climate change has driven an aggressive decarbonising strategy spearheaded by renewables. Government targets and incentives encourage major investment in renewable assets among UK energy giants. Technology developments have boosted potential generating capacity, particularly in offshore wind, which has grown the fastest of all renewable energy sources. According to the Department for Energy Security and Net Zero, the share of electricity generated by major power producers from renewables surged from 34.5% in 2019-20 to 42.4% in 2023-24. Renewable generators' revenue is slated to climb at a compound annual rate of 8.7% over the five years through 2024-25 to reach £14.5 billion. Growth has been underpinned by the UK’s rapid expansion of renewable generating capacity. Offshore wind has recorded the most significant expansion in generation volumes as investors look to take advantage of technological advancements to tap into the UK's abundant natural resources. Soaring wholesale prices have added to revenue growth since H2 2021-22; however, operators of renewable generation assets that operate under a Contract for Difference (CfD) have been required to pay back the difference between wholesale prices and CfD strike prices, limiting the impact of a surge in wholesale prices on operating profit. Inflation-linked increases to fixed price mechanisms have also boosted growth. Revenue is forecast to jump by 11.4% in 2024-25. Revenue is forecast to swell at a compound annual rate of 11.1% over the five years through 2029-30 to reach £24.6 billion. The UK already has a strong pipeline of renewable assets set for delivery in the coming years, with ongoing government support likely to fuel further investment. In the short term, increased capacity is set against a backdrop of falling strike prices, though the extent of capacity expansion should support further growth. Hikes in strike prices secured in the most recent CfD allocation round will also boost growth in the longer term. Rising battery storage capacity should help support growth in renewables' share of the UK energy mix by reducing barriers associated with intermittent supplies of renewable power.

The United Kingdom Energy Drinks Market Report is Segmented by Product Type (Energy Shots, Natural/Organic Energy Drinks, Sugar-Free or Low-Calories Energy Drinks, Traditional Energy Drinks, Other Energy Drinks), Packaging Type (Cans, PET Bottles, Glass Bottles), Distribution Channel (On-Trade, Off-Trade), and Geography (England, Scotland, Wales, Northern Ireland). The Market Forecasts are Provided in Terms of Value (USD).