The European iron and steel sectors show varying trends in fossil energy consumption. Ukraine now leads, followed by Germany and Italy. Countries like Poland and Romania are experiencing significant reductions in consumption. Meanwhile, Austria shows an increase, reflecting potential efficiency gains.
With year-on-year reductions mostly observed, the UK and Hungary face the steepest decreases. Conversely, countries such as Macedonia and Kosovo register increases, albeit from lower base values. Iceland's consumption surged, indicating emerging developments.
Future trends underscore a shift towards energy efficiency and renewable integration, with increasing regulatory pressures potentially accelerating declines in fossil fuel reliance within the sector.
Top countries in Fossil Energy Final Consumption in Iron and Steel Sectors by Country
| # | 10 Countries | Gigawatthours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Ukraine | 72,980 | 2023 | -4.6% | -3.5% | View data |
| 2 | 2 Germany | 63,450 | 2023 | -2.17% | -3.7% | View data |
| 3 | 3 Italy | 31,730 | 2023 | +0.057% | -1.55% | View data |
| 4 | 4 Poland | 16,790 | 2023 | -1.6% | -4.76% | View data |
| 5 | 5 Spain | 14,960 | 2023 | +3.7% | -1.5% | View data |
| 6 | 6 Slovakia | 9,160 | 2023 | +2.42% | -2.45% | View data |
| 7 | 7 Romania | 8,960 | 2023 | -13.26% | -5.96% | View data |
| 8 | 8 Austria | 8,660 | 2023 | +0.76% | +1.94% | View data |
| 9 | 9 Czech Republic | 8,410 | 2023 | -6.92% | -5.05% | View data |
| 10 | 10 France | 8,240 | 2023 | -1.66% | -4.52% | View data |