Forecast: Heat Final Consumption in Iron and Steel Sectors in Germany

In 2024, the heat final consumption in Germany's iron and steel sectors is forecasted to be 394.97 GWh. This reflects a consistent, albeit slight, decline projected over the next five years, amounting to roughly 390.97 GWh by 2028. This downward trend equates to an average annual decrease (CAGR) of approximately 0.25%. Year-on-year changes reveal a steady decrement, underscoring a progressive reduction in energy usage in these energy-intensive sectors since 2023.

Future trends to watch for include technological innovation aiming at energy efficiency, potential shifts towards cleaner energy sources, and regulatory impacts from Germany's energy transition policies. These could significantly influence consumption patterns in the coming years.

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