The forecasted final consumption of gas oil and diesel oil (excluding biofuel) in the UK non-ferrous metal sector shows a declining trend from 2024 to 2028. The values steadily decrease from 68.73 GWh in 2024 to 58.97 GWh by 2028, indicating a negative compound annual growth rate (CAGR). Compared to 2023, where the consumption stood at a higher point, this represents significant energy efficiency improvements or a shift towards alternative energies in the sector.
Year-on-year analysis reveals a consistent decrease, with reductions of approximately 3-4% annually between the years 2024 and 2028. Over the five-year period, the average annual decrease is notable, reflecting a substantial shift in energy consumption patterns.
Future trends to watch for include technological advancements in energy efficiency, increased adoption of renewable energy sources, and potential regulatory changes that may further drive down fossil fuel consumption in the non-ferrous metal sector. Monitoring these developments is crucial for understanding how they may impact future forecasts and sustainable growth within the industry.
