Forecast: Fossil Energy Final Consumption in Mining and Quarrying in Italy

In 2023, the fossil energy final consumption in Italy's mining and quarrying sector was recorded at a certain level, laying the foundation for forecasted declines. From 2024 to 2028, consumption is expected to decrease steadily. The forecasted figures show a year-on-year decline, marking a consistent downward trend. This trajectory reflects a compounded annual growth rate (CAGR) indicating an average reduction in consumption yearly over the five-year period.

Future trends to watch for:

  • Shifts towards renewable energy sources influenced by policy changes and market demands.
  • Technological advancements promoting energy efficiency in mining operations.
  • Regulatory impacts causing further reductions in fossil energy usage.

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