The fossil energy gross electricity production in Italy has seen significant fluctuations over the past decade. From 2013 to 2023, the production value started at 630.51 thousand terajoules and gradually declined to 596.82 thousand terajoules in 2023. Notably, year-on-year variations have ranged from a high of 9.75% in 2015 to a low of -14.28% in 2013. Over the longer term, the compound annual growth rate (CAGR) reflects an average annual decrease of -0.84% from 2018 to 2023.
Future Trends to Watch:
- Transition towards renewable energy sources, potentially reducing dependency on fossil energy.
- Regulations and policies aimed at lowering carbon emissions, influencing fossil energy production.
- Technological advancements in energy efficiency and storage, impacting overall fossil energy demand.