United Kingdom (UK) Thermal Power Market Analysis by Size, Installed Capacity, Power Generation, Regulations, Key Players and Forecast to 2035

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UK Thermal Power Market Report Overview

In 2022, the UK power market was led by renewable power. Thermal power was the second leading source in the country’s power capacity mix with a cumulative capacity of 43.5GW in 2022 and will achieve a CAGR of less than 1% during 2022-2035.

UK Thermal Power Market Outlook, 2022-2035 (GW)

UK Thermal Power Market Outlook, 2022-2035 (GW)

The report highlights installed capacity and power generation trends in the country’s thermal power market until 2035.

Cumulative Capacity (2022) 43.5 GW
CAGR (2022-2035) <1%
Historical Period 2010-2022
Forecast Period 2023-2035
Key Types ·       Coal

·       Oil

·       Gas

Key Deal Types ·       Debt Offerings

·       Acquisition

·       Asset Transactions

·       Equity Offerings

·       Private Equity

·       Venture Financing

Key Active Plants ·       Pembroke Power Station

·       Ratcliffe-on-Soar Coal Fired Power Plant

·       Staythorpe Power Station

·       Didcot B Power Station

·       Connahs Quay Combined Cycle Power Plant

·       West Burton B CCGT Power Station

·       Grain Combined Heat & Power Station

·       VPI Immingham CHP Plant

·       Seabank Power Station

·       Saltend Power Plant

Key Companies ·       SSE Plc

·       National Grid Plc

·       E.ON UK Plc

·       BP Plc

·       Royal Dutch Shell Plc

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UK Thermal Power Policy

  • The UK government is planning to shut down all coal-fired power plants in the country by October 2024.
  • Shale gas discovered in the UK is estimated to reduce the UK’s energy imports in 2030.

Buy the Full Report For More Information on the United Kingdom’s Thermal Power Policy, Download a Free Report Sample

UK Thermal Power Market Segmentation by Fuel Types

The United Kingdom’s gas power capacity was the largest among thermal technologies in terms of capacity at 36.7 GW in 2022. It is expected to witness a consistent increase during the forecast period. On the other hand, coal power capacity is declining and will be phased out by 2024.

UK Thermal Power Market Analysis by Types, 2022 (%)

UK Thermal Power Market Analysis by Types, 2022 (%)

UK Thermal Power Market – Competitive Landscape

SSE Plc, National Grid Plc, E.ON UK Plc, BP Plc, and Royal Dutch Shell Plc. are a few of the leading market players in the thermal power market in the UK.

SSE Plc: SSE is an integrated energy utility, that develops, owns, and operates energy and related infrastructure, and provides related services. It generates, transmits, distributes, and supplies electricity; and produces, stores, distributes, and supplies gas. SSE is one of the largest energy suppliers operating in the competitive energy markets in the UK and Ireland.

UK Thermal Power Market Analysis by Companies

UK Thermal Power Market Analysis by Companies

UK Thermal Power Market - Major Active Plants

In 2023, the Pembroke Power Station led the thermal power market in the UK in terms of total capacity contribution.

UK Thermal Power Market Analysis by Active Plants, 2023 (%)

UK Thermal Power Market Analysis by Active Plants, 2023 (%)

UK Thermal Power Market Segmentation by Deal Types

In 2022, the thermal power market in the UK closed most deals via debt offerings, followed by acquisitions and asset transactions.

UK Thermal Power Market Analysis by Deal Types, 2022 (%)

UK Thermal Power Market Analysis by Deal Types, 2022 (%)

Segments Covered in the Report

UK Thermal Power Market Type Outlook (Value, 2010-2035, GW)

  • Coal
  • Oil
  • Gas

UK Thermal Power Market Deal Type Outlook (%, 2022)

  • Debt Offerings
  • Acquisition
  • Asset Transactions
  • Equity Offerings
  • Private Equity
  • Venture Financing

Scope

The report includes:

  • A brief introduction on global carbon emissions and global primary energy consumption.
  • An overview of the country’s power market highlighting installed capacity trends, generation trends, and installed capacity split by various power sources.
  • Detailed overview of the country’s thermal power market with installed capacity and generation trends, and major active and upcoming thermal power projects.
  • Deal analysis of the country’s thermal power market.
  • Snapshots of some of the major market participants in the country.

Key Highlights

Enhance your decision-making capability in a more rapid and time sensitive manner.

Identify key growth and investment opportunities in country’s thermal power market.

Facilitate decision-making based on strong historic and forecast data for thermal power market.

Position yourself to gain the maximum advantage of the industry’s growth potential.

Identify key partners and business development avenues.

Understand and respond to your competitors’ business structure, strategy, and prospects

Reasons to Buy

  • Enhance your decision-making capability in a more rapid and time-sensitive manner.
  • Identify key growth and investment opportunities in the country’s thermal power market.
  • Facilitate decision-making based on strong historical and forecast data for the thermal power market.
  • Position yourself to gain the maximum advantage of the industry’s growth potential.
  • Identify key partners and business development avenues.
  • Understand and respond to your competitors’ business structure, strategy, and prospects.

United Kingdom
Thermal
Coal
Oil
Gas
Transmission
Distribution
Compound Annual Growth Rate
Market Size
Generation
Installed Capacity
Trends
Renewable Portfolio Standard
Auctions
Competitive Landscape
Tenders

Table of Contents

  • 1. Introduction
  • 1.1 Carbon Dioxide Emissions, Global, 2001–2022
  • 1.2 Primary Energy Consumption, Global, 2001–2022
  • 1.3 Report Guidance
  • 2. Power Market, United Kingdom
  • 2.1 Power Market, United Kingdom, Installed Capacity, 2010-2035
  • Power Market, United Kingdom, Cumulative Installed Capacity by Source, 2010-2035
  • Power Market, United Kingdom, Cumulative Capacity Share by Source, 2022 and 2035
  • Power Market, United Kingdom, Capacity Addition by Source, 2023-2035
  • Power Market, United Kingdom, Capacity Growth by Source, 2022-2035

  • 2.2 Power Market, United Kingdom, Power Generation, 2010-2035
  • Power Market, United Kingdom, Power Generation by Source, 2010-2035
  • Power Market, United Kingdom, Growth in Power Generation by Source, 2022-2035

  • 3. Thermal Power Market, United Kingdom
  • 3.1 Thermal Power Market, United Kingdom, Installed Capacity, 2010-2035
  • Thermal Power Market, United Kingdom, Cumulative Capacity by Type, 2010-2035

  • 3.2 Thermal Power Market, United Kingdom, Power Generation, 2010-2035
  • Thermal Power Market, United Kingdom, Power Generation by Type, 2010-2035

  • 3.3 Thermal Power Market, United Kingdom, Market Size, 2010-2030
  • 3.4 Thermal Power Market, United Kingdom, Power Plants
  • Thermal Power Market, United Kingdom, Major Active Plants
  • Thermal Power Market, United Kingdom, Upcoming Plants
  • Thermal Power Market, United Kingdom, Major Plants Under Construction

  • 3.5 Thermal Power Market, United Kingdom, Deal Analysis, 2022
  • Thermal Power Market, United Kingdom, Deal Volume and Deal Value, 2010–2022
  • Thermal Power Market, United Kingdom, Split by Deal Type, 2022

  • 4. Gas Turbines Market, United Kingdom
  • 4.1 Gas Turbines Market, United Kingdom, Market Size, 2012-2027
  • 4.2 Gas Turbines Market, United Kingdom, Market Share, 2022
  • 5. Steam Turbines Market, United Kingdom
  • 5.1 Steam Turbines Market, United Kingdom, Market Size, 2012-2027
  • 6. Thermal Power Policy, United Kingdom
  • 6.1 Thermal Power Policy, United Kingdom, Overview
  • 7. Thermal Power Market, United Kingdom, Company Profiles
  • 7.1 SSE Plc
  • SSE Plc – Company Overview
  • SSE Plc – Business Description
  • SSE Plc – SWOT Analysis
  • SSE Plc – Major Products and Services
  • SSE Plc – Head Office

  • 7.2 National Grid Plc
  • National Grid Plc – Company Overview
  • National Grid Plc – Business Description
  • National Grid Plc – SWOT Analysis
  • National Grid Plc – Major Products and Services
  • National Grid Plc – Head Office

  • 7.3 E.ON UK Plc
  • E.ON UK Plc – Company Overview
  • E.ON UK Plc – Business Description
  • E.ON UK Plc – SWOT Analysis
  • E.ON UK Plc – Major Products and Services
  • E.ON UK Plc – Head Office
  • 7.4 BP Plc
  • BP Plc – Company Overview
  • BP Plc – Business Description
  • BP Plc – SWOT Analysis
  • BP Plc – Major Products and Services
  • BP Plc – Head Office

  • 7.5 Royal Dutch Shell Plc
  • Royal Dutch Shell Plc – Company Overview
  • Royal Dutch Shell Plc – Business Description
  • Royal Dutch Shell Plc – SWOT Analysis
  • Royal Dutch Shell Plc – Major Products and Services
  • Royal Dutch Shell Plc – Head Office

  • 8. Appendix
  • 8.1 Abbreviations
  • 8.2 Market Definitions
  • Power
  • Renewable Power
  • Installed Capacity
  • Electricity Generation
  • Electricity Consumption

  • 8.3 Methodology
  • Coverage
  • Secondary Research
  • Primary Research
  • Modelling and Forecasting
  • Contact Us

Table

Table of Contents

List of Tables

List of Figures

1. Introduction

1.1 Carbon Dioxide Emissions, Global, 2001–2022

1.2 Primary Energy Consumption, Global, 2001–2022

1.3 Report Guidance

2. Power Market, United Kingdom

2.1 Power Market, United Kingdom, Installed Capacity, 2010-2035

– Power Market, United Kingdom, Cumulative Installed Capacity by Source, 2010-2035

– Power Market, United Kingdom, Cumulative Capacity Share by Source, 2022 and 2035

– Power Market, United Kingdom, Capacity Addition by Source, 2023-2035

– Power Market, United Kingdom, Capacity Growth by Source, 2022-2035

2.2 Power Market, United Kingdom, Power Generation, 2010-2035

– Power Market, United Kingdom, Power Generation by Source, 2010-2035

– Power Market, United Kingdom, Growth in Power Generation by Source, 2022-2035

3. Thermal Power Market, United Kingdom

3.1 Thermal Power Market, United Kingdom, Installed Capacity, 2010-2035

– Thermal Power Market, United Kingdom, Cumulative Capacity by Type, 2010-2035

3.2 Thermal Power Market, United Kingdom, Power Generation, 2010-2035

– Thermal Power Market, United Kingdom, Power Generation by Type, 2010-2035

3.3 Thermal Power Market, United Kingdom, Market Size, 2010-2030

3.4 Thermal Power Market, United Kingdom, Power Plants

– Thermal Power Market, United Kingdom, Major Active Plants

– Thermal Power Market, United Kingdom, Upcoming Plants

– Thermal Power Market, United Kingdom, Major Plants Under Construction

3.5 Thermal Power Market, United Kingdom, Deal Analysis, 2022

– Thermal Power Market, United Kingdom, Deal Volume and Deal Value, 2010–2022

– Thermal Power Market, United Kingdom, Split by Deal Type, 2022

4. Gas Turbines Market, United Kingdom

4.1 Gas Turbines Market, United Kingdom, Market Size, 2012-2027

4.2 Gas Turbines Market, United Kingdom, Market Share, 2022

5. Steam Turbines Market, United Kingdom

5.1 Steam Turbines Market, United Kingdom, Market Size, 2012-2027

6. Thermal Power Policy, United Kingdom

6.1 Thermal Power Policy, United Kingdom, Overview

7. Thermal Power Market, United Kingdom, Company Profiles

7.1 SSE Plc

– SSE Plc – Company Overview

– SSE Plc – Business Description

– SSE Plc – SWOT Analysis

– SSE Plc – Major Products and Services

– SSE Plc – Head Office

7.2 National Grid Plc

– National Grid Plc – Company Overview

– National Grid Plc – Business Description

– National Grid Plc – SWOT Analysis

– National Grid Plc – Major Products and Services

– National Grid Plc – Head Office

7.3 E.ON UK Plc

– E.ON UK Plc – Company Overview

– E.ON UK Plc – Business Description

– E.ON UK Plc – SWOT Analysis

– E.ON UK Plc – Major Products and Services

– E.ON UK Plc – Head Office

7.4 BP Plc

– BP Plc – Company Overview

– BP Plc – Business Description

– BP Plc – SWOT Analysis

– BP Plc – Major Products and Services

– BP Plc – Head Office

7.5 Royal Dutch Shell Plc

– Royal Dutch Shell Plc – Company Overview

– Royal Dutch Shell Plc – Business Description

– Royal Dutch Shell Plc – SWOT Analysis

– Royal Dutch Shell Plc – Major Products and Services

– Royal Dutch Shell Plc – Head Office

8. Appendix

8.1 Abbreviations

8.2 Market Definitions

– Power

– Renewable Power

– Installed Capacity

– Electricity Generation

– Electricity Consumption

8.3 Methodology

– Coverage

– Secondary Research

– Primary Research

– Modelling and Forecasting

Contact Us

Figures

Table 1: Carbon Dioxide Emissions from Energy Consumption, Global, 2001–2022

Table 2: Primary Energy Consumption, Global, 2001–2022

Table 3: Power Market, United Kingdom, Cumulative Installed Capacity by Source (GW), 2010-2035

Table 4: Power Market, United Kingdom, Cumulative Capacity Share by Source (%), 2022 and 2035

Table 5: Power Market, United Kingdom, Capacity Addition by Source (GW), 2023-2035

Table 6: Power Market, United Kingdom, Capacity Growth by Source, 2022-2035

Table 7: Power Market, United Kingdom, Power Generation by Source (TWh), 2010-2035

Table 8: Power Market, United Kingdom, Growth in Power Generation by Source, 2022-2035

Table 9: Thermal Power Market, United Kingdom, Installed Capacity (GW), 2010-2035

Table 10: Thermal Power Market, United Kingdom, Cumulative Capacity by Type (GW), 2010-2035

Table 11: Thermal Power Market, United Kingdom, Power Generation (TWh), 2010-2035

Table 12: Thermal Power Market, United Kingdom, Power Generation by Type (TWh), 2010-2035

Table 13: Thermal Power Market, United Kingdom, Market Size ($M), 2010-2030

Table 14: Thermal Power Market, United Kingdom, Major Active Plants

Table 15: Thermal Power Market, United Kingdom, Upcoming Plants

Table 16: Thermal Power Market, United Kingdom, Major Plants Under Construction

Table 17: Thermal Power Market, United Kingdom, Deal Volume and Deal Value ($M), 2010–2022

Table 18: Thermal Power Market, United Kingdom, Deals by Type, 2022

Table 19: Gas Turbines Market, United Kingdom, Market Size ($M), 2012-2027

Table 20: Gas Turbines Market, United Kingdom, Market Share (%), 2022

Table 21: Steam Turbines Market, United Kingdom, Market Size ($M), 2012-2027

Table 22: SSE Plc, Major Products and Services

Table 23: National Grid Plc, Major Products and Services

Table 24: E.ON UK Plc, Major Products and Services

Table 25: BP Plc, Major Products and Services

Table 26: Royal Dutch Shell Plc, Major Products and Services

Table 27: Abbreviations

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