Forecast: Electricity Final Consumption in Non-Ferrous Metal Sector in Germany

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

Top Countries about Non-Ferrous Metal