Employment in the Electric Power Generation, Transmission, and Distribution sector in Italy stood at 56.01 thousand Full-Time Equivalents (FTEs) in 2023. From 2013 to 2023, the sector showed a mixed trend with notable fluctuations such as a significant increase in employment in 2017 by 10.88% and a sharp decline in 2020 by 10.4%. Over the last two years (2022-2023), employment grew by 2.87%, reflecting a steady upward trajectory. The Compound Annual Growth Rate (CAGR) over the last five years (2018-2023) stands at 0.79%.
Future forecasts from 2024 to 2028 predict continued growth in employment within the sector, albeit at a slower pace, with a forecasted 5-year CAGR of 0.55%. This suggests a stable yet cautious increase in employment, allowing for industry adjustment and adaptation to technological advancements and policy changes.
Future trends to watch for include shifts toward renewable energy sources, technological advancements in power generation and distribution, and regulatory changes aimed at reducing carbon footprints, all of which could impact employment dynamics in the sector.