The forecast for tax expenditure on end-use electricity for transportation in Italy reveals a gradual upward trend from 2024 to 2028. In 2023, the expenditure stood at approximately 60 million US Dollars. Year-on-year growth is modest, with 2024 projecting a starting point of 61.07 million, increasing annually up to 63.12 million by 2028. The five-year Compound Annual Growth Rate (CAGR) reflects an average yearly increase of around 0.8%.
Future trends to watch include:
- Technological advancements in electric vehicle efficiency, potentially impacting consumption patterns.
- Policy shifts regarding renewable energy integration and electric grid modernization.
- Changes in consumer adoption rates of electric vehicles impacting electricity demand for transportation.