Italy's fossil energy refinery output is projected to decrease gradually from 2024 to 2028, reflecting a consistent downward trend. In 2024, the forecasted output is 73.64 million tonnes of oil equivalent, with a declining trend observed annually by about 0.61% on average by 2028. Compared to 2023, which stood at 74 million tonnes of oil equivalent, this highlights a sustained decrease in output.
Future trends to watch for include:
- Policy shifts in Italy towards renewable energy resources as part of broader EU commitments.
- Technological advancements in refining efficiency that could alter production capabilities.
- Potential disruptions or enhancements in global energy supply chains that may affect output.