In 2023, the electricity final consumption in the non-ferrous metal sector in Germany was significantly engaged in energy-intensive processes. From 2024 to 2028, a decreasing trend is evident, starting from 14.39 thousand gigawatthours in 2024 to 13.65 thousand gigawatthours by 2028. This demonstrates a year-on-year decline, primarily driven by improved energy efficiency and potential shifts towards greener technologies. The average CAGR over this period shows a gradual reduction in energy consumption, reflecting the sector's ongoing transformation.
Future trends to watch:
- Emphasis on energy-efficient technologies
- Potential impact of regulatory changes aiming to reduce carbon emissions
- Advancements in recycling processes that may affect electricity needs
- Global market dynamics influencing German non-ferrous metal production and thus energy consumption