The Mean Feed-In Tariff for Wind Energy in Italy has shown considerable fluctuations over the last decade. Standing at $0.25 in 2013 and 2014, it dropped significantly in 2015. Following some recovery in 2016 and 2017, it plummeted again in 2018 and continued a general downward trend through 2023, where it reached $0.058. The year-on-year variations reveal a mix of sharp decreases and occasional increases, such as the notable 37.09% rise in 2016 or the significant 75.69% drop in 2018. The Compound Annual Growth Rate (CAGR) for the period ending in 2023 stood at -0.29%, illustrating overall decline, with further decreases expected with a forecasted CAGR of -6.5% over the next five years, leading to a projected rate of $0.038 by 2028.
Future trends to watch for:
- Continued decrease in the feed-in tariff rates, influenced by policies and cost reductions in renewable technologies.
- Potential policy changes that could stabilize or alter tariffs significantly.
- Evolution of market dynamics and technological advancements affecting production costs and investment returns in wind energy.
