Analysis of Global Power Market
Analysis of Global Power Market
Overview of UK Power Market (3/3)
The power consumption in the UK was relatively stable at around 300 TWh in the last 3 years, but with a slightly decrease from 304.0 TWh in
2016 to 299.6 TWh in 2018, representing a CAGR of -0.7%. The relatively stable power consumption is mainly due to the relatively stable
condition of the domestic economy, and the warmer weather in winter might cause the sight decrease in power consumption.
➤ In the future, the power consumption in the UK is expected to keep the current level with a slightly increase due to the stable economy
expectation.
➤ Regarding the breakdown of power consumption in the UK, the industry and domestic sectors took nearly one-third of the power consumption,
and the other part including commercial, transportation, and public administration, etc. took the rest part of power consumption in the UK.
Breakdown of Power Consumption (by End
Power Consumption, UK, 2016-2023E
TWh
CAGR
(16-18) (18-23E)
500
Power
Consumption
-0.7%
0.2%
400
304.0
300
200
100
299.6 299.6 300.8 300.9 302.0 302.8 303.4
0
2016
2017 2018 2019E 2020E 2021E 2022E 2023E
*Others refers to commercial, transportation and public administration, etc.
FROST
User), UK, 2018
31.0%
33.9%
35.1%
Industry
Domestic
Others*
SULLIVAN
Source: Frost & Sullivan
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