Geothermal power final consumption in the industry in Italy has shown a consistent upward trend. In 2023, the consumption stood at 1.45 thousand tonnes of oil equivalent. From 2024, the data indicates a steady increase: 1.49 in 2024, 1.53 in 2025, 1.57 in 2026, 1.61 in 2027, and 1.65 in 2028.
Year-on-year variation percentages demonstrate a consistent growth pattern:
- 2024: 2.76%
- 2025: 2.68%
- 2026: 2.61%
- 2027: 2.55%
- 2028: 2.48%
The CAGR over the forecasted five-year period (2024-2028) is approximately 2.62%.
Looking forward, key trends to watch include advancements in geothermal technology, regulatory policies favoring renewable energy, and investments in industrial applications of geothermal power. These factors are likely to contribute to the sustainable growth of geothermal power consumption in the industry.