In 2023, Italy's fossil energy production was estimated at approximately 94.5 thousand gigawatthours. The forecasted figures for 2024 to 2028 show a consistent yearly decline: a reduction from 90.19 in 2024 to 71.8 by 2028, reflecting year-on-year decreases of 5.2% in 2025, 5.4% in 2026, 5.7% in 2027, and 5.9% in 2028. The compound annual growth rate (CAGR) for this period suggests an average annual decrease of around 5.2%.
Future trends to watch for in Italy include:
- Increased focus on renewable energy investments.
- Potential policy shifts aiming to reduce carbon footprints.
- Technological advancements in energy efficiency.
