Forecast: Mining and Quarrying Sector Final Consumption of Electricity in Italy

The forecasted data for Italy's Mining and Quarrying sector indicates a consistent decrease in electricity consumption from 2024 to 2028. Compared to 2023, the consumption stood at 590 GWh. Given the forecasted data:

  • Year-on-year variation shows a steady decrease, with 2024 seeing a slight decline, which accelerates through to 2028.
  • The five-year compound annual growth rate (CAGR) predicts a negative trend, indicating an average annual decrease in electricity consumption over this period.

Looking ahead, the sector must monitor technological advancements and energy efficiency improvements, as they could significantly influence future electricity consumption and drive further decreases. Additionally, regulatory changes and shifts in mineral demand could further impact consumption patterns.

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