The mining and quarrying sector's forecasted electricity consumption in Italy reveals a consistent declining trend from 2024 to 2028. The projected values show a decrease from 571.48 GWh in 2024 to 500.43 GWh in 2028, indicating an average annual contraction. This continuous reduction in consumption could be driven by advancements in energy efficiency and a potential decline in mining activity. In 2023, the sector’s electricity consumption stood at approximately the same as in 2024, marking the beginning of the forecast period.
Year-on-year variation indicates a steady decline, with notable percentage decreases each year from 2025 onwards. The 5-year compound annual growth rate demonstrates an overall average yearly reduction in electricity consumption.
Future trends to watch for include:
- The impact of technological advancements on energy efficiency in mining operations.
- Policy changes aimed at promoting sustainable energy use within the sector.
- The influence of global mineral demand shifts on local mining activity levels.
