The share of fossil fuel in Italy's total domestic material consumption is projected to decline from 2024 to 2028. In 2023, the actual values indicated a share narrower than the 22.49% forecasted for 2024. The year-on-year variation shows a slight but consistent decrease: a 1.82% reduction in 2025, 1.50% reduction in 2026, 1.24% in 2027, and another 0.98% decline in 2028. The compound annual growth rate (CAGR) over the five-year period reflects a downward trend in reliance on fossil fuels.
Future trends to watch for include Italy's movement towards renewable energy sources, government policies promoting sustainability, and technological advancements in energy efficiency. These factors may accelerate the decline in fossil fuel consumption and impact the energy market dynamics significantly.
