Industry Analysis & Industry Trends
The UK Electricity Supply industry was liberalised in 1999. The market is regulated by Ofgem in Britain and by NIAUR in Northern Ireland. The industry is expected to grow at a compound annual rate of 4.1% over the five years through 2016-17, taking its revenue to a total of £35.3 billion, including growth of 1.1% in the current year. The volume of electricity consumed has decreased over the period, as industrial production faltered and rising prices encouraged many households to invest in more efficient insulation in order to reduce their energy bills. Total consumption is expected to remain subdued over 2016, exacerbated by economic uncertainty arising from the EU referendum result... purchase to read more
Industry Report - Industry Locations Chapter
Electricity consumption can be used as a proxy to show the proportionate locations of where electricity is retailed. Unsurprisingly, consumption levels are closely aligned to the spread of population. This is no surprise since households are the largest end users of electricity. Additionally, areas of high population density often have a larger number of commercial customers.
London and the South East
London and the South East are the regions with the highest levels of electricity consumption. This is no surprise considering that these two regions are the most populous in the United Kingdom. The.. purchase to read more