Energy consumption in the services sector of Chile is projected to decrease slightly from 5.55% of total energy consumption in 2024 to 5.36% in 2028. This reflects a modest annual decline rate of about 0.85% over the five years, indicating a trend towards more efficient energy use or a shift towards other sectors.
Year-on-year variations show a consistent reduction, suggesting incremental but steady improvements in energy efficiency or potentially lower demand in the services sector. To put this in context, the energy consumption for services stood at 5.60% in 2023.
Future trends to watch for include:
- Advancements in energy-efficient technologies in the services sector
- Government policies promoting renewable energy use
- Potential shifts in the economic structure affecting energy demand
- Impact of global energy prices on local consumption patterns