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Electricity production market in the United Kingdom to grow 3.8% CAGR between 2014-19

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Electricity Production in the UK - Industry Market Research Report - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-04-21 09:51:01
The Electricity Production industry is expected to generate revenue of £16.8 billion in 2013-14, compared with £15.8 billion five years earlier, representing compound annual growth of 1.2% over the period. Higher prices have more than offset the fact that less electricity is being produced and allowed moderate revenue expansion.

Electricity production fell during some years because weak economic activity and higher electricity prices cut demand for power, especially from industrial users. The same effects are expected to push up industry revenue by 2.8% in 2013-14. Gas is the most important fuel for power generation in the United Kingdom, followed by coal and nuclear energy.

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