Forecast: Fossil Energy Energy Supply in Italy

The fossil energy supply in Italy has experienced fluctuations over the last decade. From 2013 to 2014, the energy supply saw a decline, followed by a minor recovery in 2015. Post-2015, the trend alternates between slight increases and decreases, with a significant drop in 2020, likely affected by the pandemic. The resurgence in 2021 was temporary, and the value has been marginally declining since, standing at 1.3567 Million Gigawatthours in 2023. The year-on-year variation from 2022 to 2023 was -0.98%, while the CAGR over the past five years was -0.95%.

Going forward, the fossil energy supply is forecasted to continue its decline, with a projected annual average decrease of -0.79% between 2024 and 2028. Long-term trends include a steady reduction in reliance on fossil fuels, influenced by policy shifts towards sustainable and renewable energy sources.