1st
in the world for wind offshore capacity
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This analysis includes a comprehensive United Kingdom energy market report and updated datasets. It is derived from the most recent key economic indicators, supply and demand factors, oil and gas pricing trends and major energy issues and developments surrounding the energy industry. The report provides a complete picture of the country situation, dynamics, current issues and future prospects. With 2019 market data and continuous follow-up of markets news, this report brings clear and concise insights with which to tackle national energy challenges and opportunities. Browse the tabs below for a detailed table of contents, the list of graphs and tables, and details on the data files.
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Highlights
1st
in the world for wind offshore capacity
44%
carbon free sources in the power mix
-45%
of GHG emissions from 1990-2019
Abstract
Institutions & Energy Policy
TheDepartment for Business, Energy and Industrial Strategy (BEIS) oversees energy and climate change policy.
The gas and electricity sectors are regulated by the Office of Gas and Electricity Markets (Ofgem), except in Northern Ireland where the Utility Regulator oversees these markets.
Energy Supply
Oil:
Since 2014, crude oil production has rebounded by 30% to 52 Mt in 2019 (+30%). Between 1999 and 2014, it decreased by 70%, from 137 Mt to 40 Mt.
The UK became a net crude oil importer in 2005 and imported a net amount of 7.3 Mt in 2019, down from 29.5 Mt in 2012. Most crude oil imports come from Norway (37%) and the United States (22%)
Energy Prices
Electricity:
Household electricity prices have risen by 28% since 2017 (5%/year); previously, they had increased sharply between 2010 and 2015 (+50% or 13%/year). In industry, the progression was slightly slower (21% since 2017 and 43% over 2010-2015). These prices decreased in 2016 due to stronger competition and remained stable in 2017.
Energy Consumption
Consumption per capita has shrunk by almost a third since 2000, bringing it to 2.5 toe in 2019. Electricity consumption per capita dropped by more than 20%, from 5 800 kWh in 2000 to 4 500 kWh in 2019.
Total energy consumption has been decreasing by almost 2%/year since 2006 to 170 Mtoe in 2019.
Graph: CONSUMPTION TRENDS BY ENERGY SOURCE (Mtoe)
Issues & Prospects
According to the Sixth Carbon Budget (for 2033-37), outlined in December 2020, total GHG emissions would shrink by 6.1%/year on average over 2020-2035.
Below is a list of the United Kingdom energy market report graphs:
In the United Kingdom energy market report you will find the following tables:
The United Kingdom energy market data since 1990 and up to 2019 is included in the Excel file accompanying the United Kingdom country report.
It showcases the historical evolution, allowing users to easily work with the data.
Key Data included in the excelsheet:
The United Kingdom country report is complemented with a national power generation dashboard (excel file) from our Power Plant Tracker Service.
Data included in the excelsheet:
Projections Data (Excel Sheet)
The United Kingdom country dashboards are complemented with country forecasts from EnerFuture (excel file) with scenario comparison.
Data included in the excelsheet:
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