Forecast: Net Electricity Production of Electricity in Italy

The net electricity production in Italy experienced fluctuating trends from 2013 to 2023, with annual variations ranging from a high of 3.09% in 2021 to a low of -4.33% in 2020. As of 2023, the production stood at 276.36 thousand gigawatt hours, reflecting a slight decline of -0.051% from the previous year. Over the last five years, the compound annual growth rate (CAGR) is measured at -0.25%, indicating a modest downward trend in production. From 2024 to 2028, the forecast anticipates a continuation of this downward trajectory with a forecasted 5-year CAGR of -0.15%, leading to a slight reduction in production by 2028.

Future trends to watch for include the impact of renewable energy adoption, government energy policies, technological advancements in energy efficiency, and shifts in energy consumption patterns. These factors could influence the overall production capacity and sustainability efforts within the Italian energy sector.