In 2023, the fossil energy final consumption in the non-ferrous metal sector in Germany was assessed around 16.77 Thousand Gigawatthours. The forecasted data from 2024 to 2028 indicates a declining trend, with year-on-year decreases averaging approximately 2% annually. Specifically, the compound annual growth rate (CAGR) over the forecast period is about -2.1%, reflecting a steady reduction in consumption.
Future trends to watch for include:
- Increased adoption of renewable energy sources, which could accelerate the decline in fossil energy consumption.
- Potential regulatory changes in energy policy aimed at reducing carbon footprints.
- Technological advancements in energy efficiency within the non-ferrous metal industry.