The annual greenhouse gas emissions in the energy sector in the United Kingdom decreased by 37.8 million tons of CO2 equivalent (-10.88 percent) in 2020 in comparison to the previous year. Therefore, the annual greenhouse gas emissions in the United Kingdom saw their lowest number in that year with 309.67 million tons of CO2 equivalent. Notably, the annual greenhouse gas emissions in this industry have been, with the exception of 2012, continuously decreasing over the last years.The European Union (EU) as a party to the United Nations Framework Convention on Climate Change (UNFCCC) reports annually its greenhouse gas inventory for the year t-2 and within the area covered by its Member States. The inventory contains data on carbon dioxide (CO2), methane (CH4), nitrous oxide (N2O), perfluorocarbons (PFCs), hydrofluorocarbons (HFCs), sulphur hexafluoride (SF6) and nitrogen trifluoride (NF3). The EU inventory is fully consistent with national greenhouse gas inventories compiled by the EU Member States.Find more statistics on other topics about the United Kingdom with key insights such as GGE from industrial processing, GGE from the agriculture sector, GGE from waste management, GGE from the transport sector, and GGE from the manufacturing sector.

British Gas is the largest retail electricity supplier in Great Britain. Despite a notable decline throughout the years, it still accounted for ** percent of the market as of December 2024. E.ON followed closely, with a market share of ** percent.  Changes in the Big Six  The electricity market in Great Britain has historically been controlled by a few providers, collectively known as the Big Six. These include British Gas, E.ON, SSE, EDF, Npower, and Scottish Power. However, recently, there have been significant changes in their composition. In January 2020, OVO Energy acquired SSE's electricity and gas distribution business, albeit continuing to sell energy under the SSE brand. Meanwhile, Npower was acquired by E.ON in 2019, turning the Big Six into a de-facto Big Five.  Growing competition in the British electricity supply market  In 2010, the Big Six held *** percent of the domestic electricity supply market in GB. To promote a more competitive market, the British energy regulator, Ofgem, enacted a series of market reforms aimed at increasing access for smaller players. The past decade has seen a significant number of domestic customers switching from large electricity suppliers to small and mid-tier suppliers, causing the Big Six’s market share to dip to ** percent in 2024.

The UK Distributed Solar Power Generation Industry size was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, exhibiting a CAGR of 1.73 % during the forecasts periods. Recent developments include: In January 2021, E.ON, a German energy company, acquired a 49% stake in the UK solar energy company, Eco2solar. The acquisition is expected to enhance Eco2solar's technical capabilities, thereby helping the company expand its business in the United Kingdom. The acquisition is expected to have no impact on Eco2solar business activities. It may continue to install solar systems, battery storage, and other smart technologies across the UK solar PV market., In December 2020, an Oxford Scientist developed a new, record-breaking solar cell technology that can convert 29.5% of solar energy into electricity. On average, a solar cell converts 15-20% of solar energy into electricity.. Key drivers for this market are: 4., Demand for Clean Energy Sources4.; Supportive Government Policies. Potential restraints include: 4., Increasing Adoption of Other Alternative Clean Energy Sources. Notable trends are: The Residential Segment to Dominate the Market.

Combined-cycle gas turbines have become the greatest contributor to the British power mix. Between September 2019 and September 2020, they accounted for up to one third of total electricity generation. Meanwhile, coal's importance to the energy sector has reached a historic low. In the summer of 2020, no coal energy was fed into the British power grid for the first time since the Industrial Revolution. Coal's importane to the UK power supply has declined rapidly since 2015, following the government's efforts of reaching carbon neutrality by 2050.

UK Electricity decreased 23.24 GBP/MWh or 22.68% since the beginning of 2025, according to the latest spot benchmarks offered by sellers to buyers priced in megawatt hour (MWh). This dataset includes a chart with historical data for the United Kingdom Electricity Price.

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Renewable Energy Market Size 2025-2029

The renewable energy market size is valued to increase USD 2266.2 billion, at a CAGR of 9.6% from 2024 to 2029. Rise in global energy demand will drive the renewable energy market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 76% growth during the forecast period.
By End-user - Residential segment was valued at USD 1934.50 billion in 2023
By Type - Hydropower segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 108.95 billion
Market Future Opportunities: USD 2266.20 billion
CAGR : 9.6%
APAC: Largest market in 2023

Market Summary

The market encompasses the production and utilization of electricity from renewable sources, such as solar, wind, hydro, and biomass. This dynamic market is driven by the rising global energy demand and the increasing popularity of clean energy technologies as a competitive alternative to traditional energy sources. According to recent reports, renewable energy sources accounted for approximately 27% of global electricity generation in 2020, with solar and wind energy leading the charge. However, the market faces challenges, including the intermittency of renewable energy sources and the high upfront costs of implementation.
Despite these hurdles, opportunities abound, particularly in the areas of energy storage solutions and grid integration. As the market continues to evolve, stakeholders can expect ongoing innovation and advancements in core technologies and applications, service types, and regulatory frameworks, with regional dynamics adding another layer of complexity.

What will be the Size of the Renewable Energy Market during the forecast period?

Get Key Insights on Market Forecast (PDF) Request Free Sample

How is the Renewable Energy Market Segmented and what are the key trends of market segmentation?

The renewable energy industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

End-user

  Residential
  Industrial
  Commercial


Type

  Hydropower
  Wind
  Solar
  Others


Deployment

  On-grid
  Off-grid


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  Middle East and Africa

    Egypt
    KSA
    Oman
    UAE


  APAC

    China
    India
    Japan


  South America

    Argentina
    Brazil


  Rest of World (ROW)

By End-user Insights

The residential segment is estimated to witness significant growth during the forecast period.

In the rapidly evolving energy landscape, the market is experiencing significant growth as businesses and residential sectors shift towards sustainable energy sources. Renewable energy production from biomass, wind, hydroelectric power, and solar photovoltaic systems has seen a notable increase, reducing carbon emissions by approximately 15% in 2020 compared to 2015 levels. Furthermore, the market is expected to expand further, with renewable energy investment projected to reach 30% of total energy investment by 2025. Energy audit methodologies, renewable energy certificates, and smart grids integration are crucial components driving the market's growth. Offshore wind farms, wave energy converters, and tidal energy conversion are gaining traction as promising new technologies, while grid stability analysis and energy storage systems ensure a reliable power supply.

The renewable energy sector is also witnessing advancements in onshore wind turbines, geothermal energy extraction, and concentrated solar power, among others. Moreover, the integration of demand-side management, battery energy storage, microgrids development, and pumped hydro storage into the energy infrastructure is essential for optimizing power system performance and ensuring grid modernization projects' success. The market's continuous evolution is essential in addressing the increasing energy demand while minimizing greenhouse gas emissions and promoting sustainable energy sources. In conclusion, the market is experiencing substantial growth, with a projected expansion in investment and production. The integration of various technologies and policies is crucial in ensuring a reliable, efficient, and sustainable energy future.

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The Residential segment was valued at USD 1934.50 billion in 2019 and showed a gradual increase during the forecast period.

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Regional Analysis

APAC is estimated to contribute 76% to the growth of the global market during the forecast period.Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

See How Renewable Energy Market Demand is Rising

"UK Renewable Energy Policy Handbook 2020” is among the latest country specific policy report from GlobalData, the industry analysis specialist that offers comprehensive information on major policies governing renewable energy market in the country.
The report provides the current and future renewable energy targets and plans along with the present policy framework, giving a fair idea of overall growth potential of the renewable energy industry. The report also provides major technology specific policies and incentives provided in the country.
The report is built using data and information sourced from industry associations, government websites and statutory bodies. The information is also sourced through other secondary research sources such as industry and trade magazines. Read More

The average wholesale electricity price in September 2025 in the United Kingdom is forecast to amount to*******British pounds per megawatt-hour, a decrease from the previous month. A record high was reached in August 2022 when day-ahead baseload contracts averaged ***** British pounds per megawatt-hour. Electricity price stabilization in Europe Electricity prices increased in 2024 compared to the previous year, when prices stabilized after the energy supply shortage. Price spikes were driven by the growing wholesale prices of natural gas and coal worldwide, which are among the main sources of power in the region.

… and in the United Kingdom? The United Kingdom was one of the countries with the highest electricity prices worldwide during the energy crisis. Since then, prices have been stabilizing, almost to pre-energy crisis levels. The use of nuclear, wind, and bioenergy for electricity generation has been increasing recently. The fuel types are an alternative to fossil fuels and are part of the country's power generation plans going into the future.

"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.

Electricity prices in Europe are expected to remain volatile through 2025, with Italy projected to have some of the highest rates among major European economies. This trend reflects the ongoing challenges in the energy sector, including the transition to renewable sources and the impact of geopolitical events on supply chains. Despite efforts to stabilize the market, prices still have not returned to pre-pandemic levels, such as in countries like Italy, where prices are forecast to reach ****** euros per megawatt hour in September 2025. Natural gas futures shaping electricity costs The electricity market's future trajectory is closely tied to natural gas prices, a key component in power generation. Dutch TTF gas futures, a benchmark for European natural gas prices, are projected to be ***** euros per megawatt hour in July 2025. The reduced output from the Groningen gas field and increased reliance on imports further complicate the pricing landscape, potentially contributing to higher electricity costs in countries like Italy. Regional disparities and global market influences While European electricity prices remain high, significant regional differences persist. For instance, natural gas prices in the United States are expected to be roughly one-third of those in Europe by March 2025, at **** U.S. dollars per million British thermal units. This stark contrast highlights the impact of domestic production capabilities on global natural gas prices. Europe's greater reliance on imports, particularly in the aftermath of geopolitical tensions and the shift away from Russian gas, continues to keep prices elevated compared to more self-sufficient markets. As a result, countries like Italy may face sustained pressure on electricity prices due to their position within the broader European energy market. As of August 2025, electricity prices in Italy have decreased to ****** euros per megawatt hour, reflecting ongoing volatility in the market.

Monthly power sector emissions in Great Britain are typically highest in the colder months, and during this period reached a high of 10.53 million metric tons of carbon dioxide equivalent in January 2017. Since then, monthly emissions have been in a downward trend. This is mainly due to the reduction of monthly emissions released from coal combustion. Whilst historically a major consumer of coal, this energy source is being phased out in Great Britain and replaced with cleaner energy sources such as renewables, nuclear, and natural gas. Presently, coal accounts for just two percent of the UK power mix. In comparison, CCGT makes up for more than 40 percent.

United Kingdom (UK) Energy Saving & Fluorescent Market is expected to grow during 2025-2031

Carbon price for the electricity supply in the United Kingdom is projected to rise from **** to **** British pounds per metric ton of carbon dioxide between 2020 and 2040, respectively.

Description

This dataset contains the projections of future freshwater demands of the energy sector (primary energy supply and transformation in power plants and oil refineries) in the EU and the United Kingdom for the period 2015-2050, in 5-year steps. The projections are estimated by the combination of water withdrawal and consumption factors for different energy technologies under six energy scenarios, at national and NUTS2 level, as described in the JRC technical report: Hidalgo Gonzalez, I., Medarac, H. and Magagna, D., Projected freshwater needs of the energy sector in the European Union and the UK, EUR 30266 EN, Publications Office of the European Union, Luxembourg, 2020, ISBN 978-92-76-19829-1 (online), doi:10.2760/796885 (online), JRC121030.

Contributors

"HIDALGO GONZÁLEZ, Ignacio MEDARAC, Hrvoje MAGAGNA, Davide"

Update date:

Jun 18, 2020

Resource:

Joint Research Centre

Authors

Hidalgo González, Ignacio; Medarac, Hrvoje; Magagna, Davide

Licence

Attribution 4.0 (CC BY 4.0)

Notes

All figures provided in the tab "Projections" are expressed in million m3. NUTS2 primary energy production WW: freshwater withdrawal for primary energy production at NUTS2 level NUTS2 primary energy production WC: freshwater consumption for primary energy production at NUTS2 level NUTS2 refining WW: freshwater withdrawal for oil refining at NUTS2 level NUTS2 refining WC: freshwater consumption for oil refining at NUTS2 level NUTS2 electricity generation PP WW: freshwater withdrawal for electricity generation at NUTS2 level NUTS2 electricity generation PP WC: freshwater consumption for electricity generation at NUTS2 level NUTS2 codes: https://ec.europa.eu/eurostat/web/nuts/background

Legal notice

The information made available is property of the Joint Research Centre of the European Commission. Neither the European Commission nor any person acting on its behalf is responsible for the use which might be made of these projections.

Permission to use

Reproduction of the data is authorized provided the source is appropriately acknowledged.

© European Union 2020

Reference

https://doi.org/10.5281/zenodo.3899962

Globaldata's report "Czech Republic Power Market Outlook to 2020" gives detailed information on the Czech power market and provides historical and forecast numbers for generation, capacity and consumption up to 2020. The research analyzes upcoming power projects, key import and export trends, regulatory frameworks and infrastructure for the market. This coupled with elaborate profiles of key market participants provides a comprehensive understanding of the market’s competitive scenario. Czech Republic has large reserves of coal, which it uses extensively for power generation. The cumulative installed capacity for power in Czech Republic was estimated at 18,261 MW in 2009, with thermal fuel sources contributing a share of 63.3%. Majority of the thermal power generation was achieved through coal-fired power plants. However, the country is now aiming to reduce its dependence and usage of coal for power generation since it emits large volumes of greenhouse gases. It also uses natural gas for power generation. However due to insufficient reserves in the country, it imports most of its gas requirements from other countries such as Russia. Hence the government is now focusing on renewable energy sources and is also augmenting its nuclear installed capacity. Read More

UK Gas fell to 72.60 GBp/thm on December 2, 2025, down 1.67% from the previous day. Over the past month, UK Gas's price has fallen 11.75%, and is down 40.33% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. UK Natural Gas - values, historical data, forecasts and news - updated on December of 2025.