As of 2023, the total support for natural gas for electricity generation in Italy stood at a value of $1.24 billion. From 2024, a steady increase is evidenced, with forecasts showing values of $1.32 billion in 2024, reaching $1.66 billion by 2028. This represents an average annual growth rate (CAGR) of approximately 6.1% from 2024 to 2028. Year-on-year variations between each successive year are consistently positive, indicating a sustained upward trend.
Future trends to watch for include:
- Potential shifts in policy impacting natural gas usage and support for cleaner energy sources.
- Technological developments that could enhance the efficiency of natural gas for electricity generation.
- Market dynamics such as changes in global natural gas prices or supply chain disruptions.