In 2023, the final consumption of gas oil and diesel oil, excluding biofuel, for Italy's iron and steel sectors is unknown. From 2024, forecasts suggest a steady increase, with consumption rising from 211.32 gigawatt-hours in 2024 to 229.67 gigawatt-hours in 2028. This indicates a consistent annual rise, driven by a projected expansion in industrial activities.
Year-on-year growth percentages reflect moderate increments. When analyzed over a five-year period, the compound annual growth rate (CAGR) further underscores this gradual upward trend.
Future trends to watch:
- Potential shifts in energy sources due to regulatory pressures and sustainability goals.
- Technological advancements reducing dependency on conventional fuels.
- Economic factors influencing industrial activity and fuel demand.