In 2023, the final consumption of electricity by the iron and steel sector in Italy stood at 18.70 thousand gigawatt-hours. Forecast data from 2024 to 2028 shows a slight gradual decline. By analyzing year-on-year changes, the annual reduction is consistently subtle at approximately 0.054% each year. Over the five-year forecast, the compound annual growth rate (CAGR) indicates a minimal decrease as the sector's electricity use stabilizes around 18.65 thousand gigawatt-hours by 2028.

Future trends to watch:

Technological advancements aimed at energy efficiency may drive lower electricity consumption beyond current forecasts.
Policy shifts on industrial emissions and energy use could further impact consumption trends positively or negatively.
Macroeconomic factors and demand changes in iron and steel production may influence electricity requirements.