Forecast: Energy Consumption in Services in Argentina

Energy consumption in the Argentine services sector is expected to increase modestly from 2024 to 2028, showing a consistent upward trend. Starting from 8.25% of total energy consumption in 2024, the forecast shows incremental growth, reaching 8.35% by 2028. This reflects an approximate yearly increase of 0.12% over the period.

Year-on-year, the percentage variation from 2024 to 2025 is 0.36%, from 2025 to 2026 is 0.36%, from 2026 to 2027 is 0.24%, and from 2027 to 2028 is 0.24%. The Compound Annual Growth Rate (CAGR) over the last five years (including actual data from 2023) is around 0.36% annually.

Future trends to watch for:

• Incorporation of energy-efficient technologies in the services sector could impact overall consumption trends.
• Policies promoting renewable energy sources in services may alter consumption patterns.
• Economic fluctuations and technological advancements could influence these projections.