In 2023, the petroleum coke energy supply in Italy stood at 10.24 Thousand Gigawatthours. For the years 2024 through 2028, the forecasted data indicate a consistent decline in supply. The year-on-year percentage variations reveal a steady decrease: 2024 sees a minor drop to 10.06, 2025 to 9.88, 2026 to 9.7, 2027 to 9.52, and 2028 to 9.34 Thousand Gigawatthours. The compound annual growth rate (CAGR) from 2024 onwards highlights an average annual decrease of approximately -1.85%.
Future trends to watch for:
- Transition to renewable energy sources, which may accelerate the decline in petroleum coke energy usage.
- Regulatory policies aimed at reducing carbon emissions, impacting fossil fuel consumption.
- Technological advancements in energy efficiency and alternative fuel sources.