In 2023, the coke oven gas transformation output in Italy stood at approximately 264.50 thousand tonnes of oil equivalent. The forecasted data from 2024 to 2028 indicates a year-on-year decline, with the output decreasing from 240.09 to 147.06 thousand tonnes of oil equivalent over this period. This represents a consistent yearly decline, reflecting a Compound Annual Growth Rate (CAGR) of approximately -11.18% over five years. The data suggests a significant reduction in output, emphasizing structural changes or policy shifts in energy transformation.
Future trends to watch for include:
- Policy shifts towards renewable energy sources and away from fossil fuels.
- Technological advancements in alternative energy solutions.
- Market demand fluctuations due to economic or geopolitical factors.