The forecast suggests a steady decline in the solid fossil fuels consumption in the UK's iron and steel sector from 2024 onwards. Starting at 4.74 thousand terajoules in 2024, consumption drops by approximately 17.3% each year, reaching 1.56 thousand terajoules in 2028. This indicates a continuous transition away from solid fossil fuels in this industry.
Future trends to watch for include:
- Increased adoption of alternative energy sources such as hydrogen and electricity.
- Technological innovations towards more energy-efficient steel and iron production.
- Policy changes aligning with environmental goals that further drive the reduction of fossil fuel usage.
