Italy's geothermal power electricity production capacity stood at 790 MW in 2023.
The forecasted data for the coming years shows a steady incremental increase:
- 2024: 798.75 MW (+1.1% YoY)
- 2025: 806.42 MW (+0.96% YoY)
- 2026: 814.04 MW (+0.95% YoY)
- 2027: 821.6 MW (+0.93% YoY)
- 2028: 829.11 MW (+0.91% YoY)
The compounded average growth rate (CAGR) over the forecasted period (2024-2028) is approximately 1.1%. This modest yet consistent growth indicates a stable upward trend in geothermal power production capacity.
Future trends to watch include advancements in geothermal technologies that may enhance efficiency and output, potential government policies that could further incentivize renewable energies, and any market shifts due to increased competition from other green energy sources like solar and wind.
