In 2023, the fossil energy consumption in the UK's non-ferrous metal sector was recorded at 329.68 thousand tonnes of oil equivalent. Forecasts indicate a steady decline from 2024 to 2028, with values dropping from 310.57 thousand to 236.39 thousand tonnes of oil equivalent. The year-on-year percentage decrease averages 5-6%, marking a significant downtrend. The compound annual growth rate (CAGR) over the forecast period suggests an average annual decrease of around 6%.
Future trends to watch for include:
- Shift towards sustainable energy sources as part of decarbonization efforts.
- Advancements in recycling technologies reducing fossil energy dependence.
- Evolving governmental policies on fossil fuel usage and emissions.
