Forecast: Natural Gas Energy Supply in Italy

Over the past decade, Italy's natural gas energy supply has shown notable fluctuations. From a low of 2.123 million terajoules in 2014, due to an 11.64% year-on-year drop, the supply rebounded with varying growth rates. The supply increased by 1.79% year-on-year in 2023, reaching 2.7091 million terajoules. Over the past five years, the compound annual growth rate (CAGR) stands at 1.69%, with a forecasted 1.3% CAGR through 2028, pointing to a stable but modest growth trajectory.

In the coming years, watch for:

• Shifts in policy and regulations impacting natural gas usage and imports.
• Advancements and investments in renewable energy sources, potentially reducing reliance on natural gas.
• Geopolitical factors influencing natural gas supply chains and prices.
• Technological innovations in energy efficiency and natural gas extraction processes.