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 2020 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
56%
carbon free sources in the power mix
-78%
target of GHG emissions reduction in 2035
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
Gas:
Since 2013, gas production has remained relatively stable at about 40 bcm/year. Between 2000 (115 bcm) and 2013, gas production decreased by almost 70%.
Energy Prices
Electricity:
Industry electricity prices increased by 7%/year between 2017 and 2020 and household prices by 5% (-1% in 2020).
The average annual electricity prices for industry are around 15% above the EU average in 2019, while those of households are largely in line.
Energy Consumption
Consumption per capita has shrunk by almost a third since 2000, bringing it to 2.3 toe in 2020. Electricity consumption per capita dropped by more than 20%, from 5 800 kWh in 2000 to 4 200 kWh in 2019.
Total energy consumption decreased by almost 2%/year over 2006-2019 and by around 9% in 2020 to 154 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 2020 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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