The forecast for fossil energy consumption in the UK's non-ferrous metal sector indicates a decline from 3.61 thousand gigawatt-hours in 2024 to 2.75 thousand gigawatt-hours by 2028. This reflects a continuous year-on-year reduction, with a notable decrease averaging around 6% annually, emphasizing a transition towards reduced fossil energy use. In 2023, the consumption level stood above forecast values, marking the start of this declining trend.
Future trends to watch:
- Further advancements in energy efficiency and technological innovations which may expedite energy reductions in the sector.
- Potential shifts in policy and regulations that could impact energy sourcing and consumption patterns.
- Market dynamics and economic factors influencing non-ferrous metal demand, thereby affecting energy use.