Based on the forecast data, Italy's geothermal power gross electricity production is expected to rise steadily from 2024 to 2028, starting at 6.18 thousand gigawatt hours in 2024 and reaching 6.52 thousand gigawatt hours by 2028. In 2023, production stood at 6.10 thousand gigawatt hours. The year-on-year growth rate is projected to be relatively stable, with a slight increase each year: 1.3% in 2025, 1.4% in 2026, 1.3% in 2027, and 1.4% in 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is approximately 1.40%.
Future trends to watch for include advancements in geothermal technology that could enhance efficiency and capacity, shifts in governmental energy policies promoting renewable energy sources, and potential changes in energy consumption patterns. Additionally, any developments in the European Union's energy strategy may impact Italy’s geothermal production outlook.
