The mining and quarrying sector's final electricity consumption in the UK is projected to increase steadily from 2024 to 2028. With annual average growth rates hovering around 2.6%, this upward trend demonstrates a consistent rise in energy demand for these industries. As of 2023, the consumption stood at approximately 124.80 Gigawatthours, shedding light on significant yearly improvements and marking a notable pace of consumption expansion.
Future trends to watch for include:
- Technological advancements that could influence energy efficiency.
- Regulatory changes, especially concerning sustainability and environmental impacts.
- Global and local economic factors that may impact mining and quarrying activities.