The forecast for pure biodiesels gross electricity production in Italy shows a significant downward trend from 2024 to 2028. In 2023, the production was 300.0 Tonnes Of Oil Equivalent. The year-on-year variations reveal a sharp decline: -28% from 2024 to 2025, -33.3% from 2025 to 2026, -42.5% from 2026 to 2027, and -55% from 2027 to 2028. The compound annual growth rate (CAGR) over this five-year period is approximately -33.9%, indicating a steady decrease in production.
Future trends to watch for include:
- The shift towards more sustainable energy sources that may impact biodiesel's competitiveness.
- Government policies and incentives aimed at renewable energy adoption.
- Technological advancements in biofuel production that could reverse or stabilize the declining trend.
