As of 2023, Italy's Gross Inland Consumption of Fossil Energy was approximately 5.057 million terajoules. The forecast from 2024 to 2028 shows a gradual decline, starting at 4.9803 million terajoules in 2024 and diminishing to 4.678 million terajoules by 2028.
Key Observations:
- 2024 forecast: 1.5% decrease from 2023.
- Continuous decline year-on-year through 2028, averaging around 1.5% annually.
- CAGR from 2024 to 2028 is approximately -1.43% per annum.
Future Trends to Watch For:
- Transition to renewable energy sources, impacting fossil fuel consumption.
- Potential government policies aimed at reducing carbon emissions.
- Technological advancements in energy efficiency.
