Renewable power generation in Italy has shown fluctuating yet generally upward trends over the past decade, reaching 0.74 Exajoules in 2023. Beginning in 2013, there was an 18.06% year-on-year increase, though growth rates have varied over the years. Notable declines occurred in 2018 and 2020. However, the Compound Annual Growth Rate (CAGR) over the last five years rose to 2.37% as of 2023.
For the future, forecasts suggest continuous albeit moderated growth, with a forecasted five-year CAGR of 1.44% and an anticipated total growth rate of 7.43% up to 2028. Investments in innovative renewable technologies and regulatory support are pivotal trends to follow. Additionally, watch for potential impacts of energy storage advancements and integration with smart grid solutions.