The projected natural gas available for final consumption in Italy is set to grow steadily from 2024 to 2028, starting at 1.4327 million terajoules in 2024 and rising to 1.4463 million terajoules by 2028. This consistent trend reflects a year-on-year increase, with minimal variation of less than 1% annually. Comparing to the historical data of 2023, the value stood at approximately 1.429 million terajoules, indicating a slightly upward trend.
Noteworthy Insights:
- 2024-2025: Approximately 0.24% increase
- 2025-2026: Roughly 0.24% growth
- 2026-2027: Near 0.24% rise
- 2027-2028: About 0.23% increment
The Compound Annual Growth Rate (CAGR) for the period 2024 to 2028 remains steady at about 0.24%, illustrating consistent although slow growth.
Future Trends to Watch:
Moving forward, trends to monitor include policies aimed at reducing carbon emissions, advancements in renewable energy technologies, and potential shifts in global energy supply chains. These factors could significantly influence the demand and availability of natural gas in Italy.