The non-ferrous metals sector in the UK has experienced a gradual decline in electricity consumption, moving from an actual figure in 2023 to a forecast value of 9.25 Thousand Terajoules by 2028. The year-on-year percentage variation reflects this downward trajectory, indicating a consistent reduction each year. Over the five-year forecast period, the compound annual growth rate (CAGR) illustrates an average annual decrease, underscoring the sector's shift towards reduced energy consumption.
Future trends to watch for in the non-ferrous metals sector include:
-Technological advancements improving energy efficiency.
-Changes in production processes due to environmental regulations.
-Potential fluctuations in market demand impacting energy requirements.