The forecast for fossil energy final consumption in Italy's iron and steel sectors indicates a steady decline from 2024 to 2028, starting at 30.87 thousand gigawatthours and dropping to 27.5 thousand gigawatthours. This reflects a consistent year-on-year decrease, averaging around 2.78% annually. The compound annual growth rate (CAGR) over this five-year period highlights a gradual shift towards reduced fossil energy use. In 2023, the actual consumption needs to be clarified to provide a base for comparisons, but the trend is clearly downward.
Future trends to watch include:
- Technological advancements that enhance energy efficiency.
- Policy shifts towards renewable energy adoption.
- Economic factors influencing production scales in the iron and steel industry.
