The renewables and biofuels energy supply in Italy is projected to grow consistently from 31.77 MTOE in 2024 to 34.19 MTOE in 2028. Comparatively, the supply was 30.32 MTOE in 2023. The year-on-year growth rates are as follows:
- 2024 to 2025: 1.92%
- 2025 to 2026: 1.88%
- 2026 to 2027: 1.82%
- 2027 to 2028: 1.78%
Over the last two years (2022-2023), the sector experienced an average annual growth rate (CAGR) of 2.39%, indicating a strong upward trajectory. Future trends to watch for include advancements in renewable technology, government policy shifts toward sustainability, and potential increases in biofuel efficiency, which could further drive growth in this sector.
