The forecast indicates that support on end-use electricity for the residential sector in Italy is set to increase steadily from 2024 to 2028, starting at $2.28 billion and reaching $2.77 billion in constant 2020 US dollars. This consistent upward trend represents year-on-year growth rates of approximately 5.3% from 2024 to 2025, 5.0% from 2025 to 2026, 5.2% from 2026 to 2027, and 4.5% from 2027 to 2028. As we entered 2024, support stood at $2.28 billion.
Trends to watch for:
- The impact of energy policies on funding allocations.
- Technological advancements in energy efficiency and sustainability.
- Socioeconomic factors influencing residential electricity demand.
- Italy's alignment with EU energy regulations and initiatives.