The electricity final consumption in the non-ferrous metal sector in Germany is forecasted to decline gradually from 2024 to 2028, with values shifting from 1.26 Mtoe to 1.23 Mtoe. In 2023, the consumption stood at 1.26 Mtoe. This represents a steady annual decrease of approximately 0.8% each year over the period. Despite incremental changes, the broad trend is a slight reduction in consumption.
Future trends to watch for include:
- Technological advancements in energy efficiency, which could further reduce consumption.
- Potential policy changes aimed at reducing carbon emissions that may impact the energy mix.
- Shifts in global demand for non-ferrous metals affecting production levels.