Forecast: Gross Inland Consumption of Solid Fossil Fuels in Italy

The gross inland consumption of solid fossil fuels in Italy is projected to decline steadily from 2024 to 2028, decreasing from 6.21 to 5.85 million tonnes of oil equivalent. This reflects a gradual shift away from reliance on solid fossil fuels. The consumption in 2023 was higher, indicating a persistent downtrend in subsequent years. The annual decrease is approximately 1.5%, with a compound annual growth rate (CAGR) of -1.5% over this five-year period. This indicates a concerted effort to reduce fossil fuel dependency.

Future trends to watch for include:

  • Potential policy implementations encouraging renewable energy adoption.
  • Technological advancements improving energy efficiency.
  • Market shifts towards alternative sustainable energy sources.
  • Regulatory impacts from European Union emission targets.

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