Forecast: Households Final Consumption of Geothermal Power in Italy

In 2023, households' final consumption of geothermal power in Italy stood at 36.0 terajoules. The forecasted data from 2024 to 2028 shows a gradual increase in consumption: 36.3 terajoules in 2024, 36.61 terajoules in 2025, 36.9 terajoules in 2026, 37.16 terajoules in 2027, and 37.4 terajoules in 2028. The year-on-year variations are as follows: a 0.83% increase from 2023 to 2024, 0.85% from 2024 to 2025, and 0.79% from 2025 to 2026. Over the last two years, the average year-on-year variation stood at approximately 0.84%. The Compound Annual Growth Rate (CAGR) from 2023 to 2028 is expected to be around 0.76%.

Future trends to watch for include the potential implementation of more efficient geothermal technologies, government incentives for sustainable energy use, and increasing environmental awareness among consumers. These factors could further drive the growth of geothermal power consumption in households, possibly leading to even higher consumption rates than currently forecasted.

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