In 2023, the electricity final consumption in France's iron and steel sectors stood at approximately 12.90 thousand gigawatthours. Forecasts from 2024 to 2028 suggest a steady, albeit slight annual increase in consumption, with a yearly increment of 0.06 thousand gigawatthours. This indicates a consistent growth reflected in the forecasted figures.
Key figures show a year-on-year growth rate of approximately 0.46% annually, highlighting a stable upward trend. The compound annual growth rate (CAGR) over the projected five-year period is similarly modest, emphasizing steady sector energy demands.
Future trends to watch for include technological advancements in production, efficiencies in energy use, and the impact of any regulatory changes aimed at sustainability, which could alter energy demand patterns in the iron and steel industry.
