The final consumption of natural gas in the UK's non-ferrous metals sector in 2023 stood at 9.85 thousand terajoules. Forecast data from 2024 to 2028 shows a steady rise, with minimal year-on-year increases between 0.1% and 0.2%. The compound annual growth rate (CAGR) over the forecast period is approximately 0.2%, reflecting a gradual upward trend, yet remaining essentially stable.
Future trends to watch for include:
- Technological advancements in metal processing, potentially impacting energy consumption patterns.
- Policy shifts focusing on energy efficiency and carbon emission reductions.
- Market dynamics affecting the non-ferrous sector, which may influence energy demand.