The consumption of natural gas in the UK’s non-ferrous metals sector is projected to show modest growth from 2024 through 2028. In 2024, the consumption resumes from 235.4 thousand tonnes of oil equivalent, with incremental year-on-year increases observed throughout the forecast period, reaching 236.85 by 2028. The growth percentages per year are meager, reflecting stable and low-intensity increase with a CAGR over the five-year period being indicative of steady operational scales in this sector.
Future Trends to Watch for:
• Keep an eye on technological advancements that could potentially reduce energy consumption.
• Monitor policy changes aimed at reducing carbon emissions which might affect natural gas usage.
• Economic factors might influence industrial production levels, directly impacting energy consumption trends in the non-ferrous metals sector.