Forecast: Non-Ferrous Metals Sector Final Consumption of Solid Fossil Fuels in Italy

The non-ferrous metals sector in Italy is projected to experience a modest decline in the consumption of solid fossil fuels from 2024 to 2028. Starting at 27.37 thousand tonnes of oil equivalent (ktoe) in 2024, the sector will see a gradual decrease, reaching 26.88 ktoe by 2028. This decline reflects an average annual contraction of approximately 0.36% over the five-year forecast period. The baseline consumption in 2023 stood slightly higher, indicating a consistent downtrend as the sector may move towards more sustainable practices.

Future trends to watch for include the potential increase in the use of renewable energy sources and technological advancements aimed at enhancing energy efficiency within the sector. The focus on reducing carbon footprints may drive further reductions in fossil fuel consumption, aligning with global sustainability initiatives.

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