In 2023, Italy's Gross Inland Consumption of Solid Fossil Fuels stood at 71.20 thousand gigawatt hours. Forecasts project a steady decline from 2024 through 2028. The year-on-year decrease is evident, with a decline from 2024 to 2025 by 3.0%, and from 2025 to 2026 by 3.1%, continuing to 62.96 thousand gigawatt hours in 2027 and 60.95 in 2028. The Compound Annual Growth Rate (CAGR) from 2023 to 2028 reveals an average annual decrease of approximately 3.0%, indicating a consistent downward trend.
Future trends to watch for:
- Increased adoption of renewable energy sources as Italy aims to meet European climate goals.
- Potential policy shifts affecting fossil fuel consumption in line with EU emissions reduction targets.
- Technological advancements and energy efficiency improvements influencing energy consumption patterns.