BP Statistical Review 2016 - UK energy market

The 65th BP Statistical Review of World Energy provides high-quality objective and globally consistent data on world energy markets. It reveals significant long-term trends in both the global demand and supply of energy in 2015

How much energy was consumed in your region? Where was the most energy produced? Who exported the most energy? Each year country and regional insights are published that answer these key energy questions. The UK factsheet is detailed below.

For further information please visit the Statistical Review of World Energy 2016 where the full report, webcast and speeches and the energy charting tool are available.

The UK energy market in 2015

Oil and gas production in the UK increased by nearly 11% in 2015, the first year of growth since 1999 and a striking deviation from the 10-year trend decline of 6.8% per annum.

Fast facts

  1. Renewable power accounted for around 9% of UK primary energy consumption in 2015, nearly three times higher than the global average.
  2. Total power generation fell to the lowest level since 1995, and the share of non-fossil power increased to 46%, an all-time high.
  3. In 2015 oil consumption rose for the first time since 2005, which was also the last time Brent was below $55/bbl on an annual basis.

+1.2% Growth in UK energy consumption

1.5% UK’s share of global energy consumption

+31% Growth in UK renewables in power production

-4.3% Decline in UK CO2 emissions from energy use

  • UK primary energy consumption grew by 1.2% in 2015 as consumption of all fuels except for coal (-21.6%) increased.
  • Oil remained the dominant fuel with a 37% share of primary energy consumption in 2015.
  • Non-fossil fuels expanded their market share to 18%, the highest level on record.
  • UK nuclear power generation grew by 10.3%, nearly offsetting the 2014 outage-induced decline.
  • Energy intensity (the amount of energy required per unit of GDP) declined by 1.0% in 2015, falling to its lowest level on record.
  • CO2 emissions from energy use fell by 4.3% in 2015, much faster than the 10-year average (-2.7%) and also its lowest level on record, as the emissions from coal fell by 21.6%.
  • Primary energy production increased by 10.7% in 2015 as growth in UK North Sea production of oil (+13.4%) and gas (+7.8%), renewables (including biofuels) (+30%), nuclear (+10.3%), and hydro (+7.4%) offset declines in coal (-26.8%).
  • Renewables in power increased by 31% in 2015 and provided almost 23% of total UK power generation. Non-fossil fuels in aggregate supplied nearly 46% of UK power last year.
  • The UK’s net LNG imports expanded by 18% in 2015 as a lower Asian-European spot price premium saw LNG return to Europe.

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