Current analysis of European electricity consumption in the non-ferrous metal sector shows Norway leading significantly in 2023, with consumption at 22.83 thousand tonnes of oil equivalent, followed by Germany and Iceland. Spain, Greece, and the United Kingdom recorded the largest declines, with negative year-on-year variations. Conversely, Latvia and Serbia exhibited notable increases.
Looking ahead, the sector might experience a shift toward more sustainable energy sources, potentially decreasing traditional electricity consumption. Governments pushing for decarbonization and increasing awareness towards energy efficiency are critical factors. Monitoring fluctuations in heavy industry demands and technological advancements will be essential for forecasting trends accurately.
Top countries in Electricity Final Consumption in Non-Ferrous Metal Sector Share by Country (Thousand Tonnes Of Oil Equivalent)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 22.83 | 2023 | +0.7% | +1.71% | View data |
| 2 | 2 Germany | 14.35 | 2023 | -0.73% | -1.26% | View data |
| 3 | 3 Iceland | 12.7 | 2023 | +0.24% | -0.63% | View data |
| 4 | 4 France | 7.88 | 2023 | -0.76% | +0.35% | View data |
| 5 | 5 Spain | 6.77 | 2023 | -0.094% | -5.23% | View data |
| 6 | 6 Romania | 3.7 | 2023 | +6.32% | +1.86% | View data |
| 7 | 7 Greece | 3.57 | 2023 | -3.33% | -5.41% | View data |
| 8 | 8 United Kingdom | 3.22 | 2023 | -4.17% | -4.04% | View data |
| 9 | 9 Sweden | 2.77 | 2023 | -0.0016% | -0.96% | View data |
| 10 | 10 Slovakia | 2.68 | 2023 | +4.75% | +1.77% | View data |
