In 2023, the total support on end-use electricity for all beneficiaries or sectors in Italy stood at a lower figure compared to the forecasted $1.76 billion for 2024. From 2024 to 2028, a gradual increase in support is expected with year-on-year growth ranging from 1.1% to 1.1%, culminating in a $1.83 billion forecast for 2028. The compound annual growth rate (CAGR) over this period is assessed at approximately 0.98% annually.
Trends to watch for:
- Evolutions in renewable energy policies and incentives that might affect financial supports.
- Technological advancements impacting energy efficiency and electricity consumption.
- Possible economic shifts or regulatory changes within the EU influencing energy strategies.