In 2024, Italy's total support for fossil fuels, as a percentage of GDP, is forecasted to be stable at 0.57% and remain consistent through 2027. By 2028, a slight increase to 0.58% is expected. These figures suggest a minimal year-on-year variation. The compound annual growth rate (CAGR) over these five years indicates a negligible rise, highlighting a relative stability in fossil fuel support as a proportion of GDP.
Future trends to watch for:
- Potential policy changes favoring renewable energy which could alter support dynamics for fossil fuels.
- Market shifts due to global environmental regulations and their impact on Italy's energy strategy.
