Forecast: Fossil Energy Final Consumption in Chemical and Petrochemical Sectors in Italy

The forecasted data for fossil energy final consumption in the chemical and petrochemical sectors in Italy shows a consistent decline from 2024 to 2028. Starting at 33.34 thousand gigawatthours in 2024, it decreases steadily to 30.33 thousand gigawatthours by 2028. This represents a year-on-year decrease ranging from approximately 2.3% to 2.4%, indicating a slight but steady decrease in fossil energy consumption in these sectors over the forecast period. The compound annual growth rate (CAGR) over these five years further underscores a downward trend.

Looking ahead, key trends to watch include the increasing adoption of renewable energy sources, technological advancements in energy efficiency, and regulatory changes aimed at reducing carbon emissions. These factors are likely to continue driving down fossil energy consumption in Italy’s chemical and petrochemical sectors.