Forecast: Non-Ferrous Metals Sector Final Consumption of Electricity in Italy

The consumption of electricity in Italy's non-ferrous metals sector is forecasted to decline steadily from 2.58 thousand GWh in 2024 to 2.38 thousand GWh in 2028, indicating a continued trend from the previous years. In 2023, actual consumption stood at 2.63 thousand GWh, suggesting a year-on-year decreasing trend with an average annual decline of approximately 1.97% from 2024 to 2028. The compound annual growth rate (CAGR) for this period is negative, consistent with this downtrend.

Future trends to watch in the non-ferrous metals sector include:

  • Technological advances that could potentially increase energy efficiency, reducing consumption further.
  • Policy changes towards sustainable and renewable energy sources impacting electricity use.
  • Changes in industrial activity levels that could alter growth trends in the sector.

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