Forecast: Mining and Quarrying Sector Final Consumption of Primary Solid Biofuels in Italy

The mining and quarrying sector in Italy is forecasted to see a steady increase in the final consumption of primary solid biofuels from 2024 to 2028. Starting at 0.038 Terajoules in 2024, consumption is set to rise incrementally by roughly 5.26% to 0.044 Terajoules by 2028. The Compound Annual Growth Rate (CAGR) over these five years stands modestly, indicating a gradual increase rather than significant year-to-year jumps. Prior data from 2023 is missing, making it difficult to draw comparisons or highlight substantial growth from current levels.

Future trends to watch for:

  • Potential policy changes favoring renewable energy sources, which could further boost solid biofuel consumption.
  • Technological advancements in biofuel efficiency within the mining sector.
  • Global and European market conditions influencing Italy's energy policies.

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