The geothermal power energy supply in Italy stood at 62.89 Thousand Gigawatthours in 2023. The forecasted data shows consistent growth from 2024 to 2028, with values increasing from 63.74 to 67.16 Thousand Gigawatthours. The year-on-year percentage variations are approximately 1.37% from 2024 to 2025, 1.33% from 2025 to 2026, 1.30% from 2026 to 2027, and 1.26% from 2027 to 2028. The compound annual growth rate (CAGR) from 2023 to 2028 is expected to be around 1.34%.
Future trends to watch for:
• Technological advancements in geothermal energy extraction might further improve efficiency and reduce costs.
• Policy changes and government incentives could significantly impact investment and development in the sector.
• International collaboration and sharing of best practices may foster further growth and innovation in Italy's geothermal energy market.
