The hydro power gross available energy in Italy, measured in Million Tonnes of Oil Equivalent, observed fluctuations from 2013 to 2023. In 2023, the value stood at 4.03 Mtoe. Over the past two years, there was a marginal increase of 0.52% in 2023, following a 2.74% rise in 2022. On examining the CAGR from 2018 to 2023, the average annual variation was -0.8%, indicating a slight decline.
Looking forward, the forecasted data suggests a stable increase, with a 5-year CAGR of 0.39% from 2024 to 2028, projecting a growth rate of 1.98% by 2028. This indicates a modest but steady recovery in hydro power energy availability.
Future trends to watch for:
- Impact of climate change on hydro power generation capacity.
- Technological advancements in hydro power efficiency.
- Policy changes promoting renewable energy sources.