Forecast: Fossil Energy Final Consumption in Iron and Steel Sectors in Italy

In 2023, fossil energy consumption in Italy's iron and steel sectors was 115.36 thousand terajoules. The forecasted data from 2024 to 2028 suggests a consistent decline in consumption, from 111.12 thousand terajoules in 2024 to 98.98 thousand terajoules in 2028. This indicates a downward trend with an average annual decrease of 2.06% over the five-year period.

Future trends to watch for include:

  • Technological advancements in energy efficiency.
  • Increasing adoption of alternative, sustainable energy sources.
  • Changes in regulatory policies encouraging reduced fossil fuel reliance.

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