The forecast for fossil fuel general services support in Italy from 2024 to 2028 shows a downward trend. It is projected to decline from 1.12 in 2024 to 1.04 by 2028. This represents an average year-on-year decrease of about 1.8% over these years, indicating a commitment to gradually reducing fossil fuel support. Given that the current levels in 2024 reflect a continuation of an existing trend, the industry likely stood at a slightly higher level in 2023, consistent with a global shift towards more sustainable energy sources.
Future trends to watch for include:
- Italy's policies on renewable energy investments and their impact on fossil fuel support reductions.
- Technological advancements in alternative energy sources which may accelerate the reduction in fossil fuel dependencies.
- Regulatory changes at the European Union level that could influence national support schemes for fossil fuels.