The wind power gross electricity production in Italy is expected to increase from 1.93 Million Tonnes Of Oil Equivalent (MTOE) in 2024 to 2.11 MTOE by 2028. In 2023, the production stood at an estimated 1.88 MTOE. The year-on-year growth rate from 2024 is projected to be 2.6% for 2025, 2% for 2026, 2% for 2027, and 2.4% for 2028. The Compound Annual Growth Rate (CAGR) over this five-year period averages to approximately 2.2%.
Future trends to watch for:
- Investments in advanced wind turbine technology, improving efficiency and capacity.
- Governmental policies and subsidies supporting renewable energy growth.
- Regional developments in wind farms, especially offshore.
- Integration of energy storage to manage supply fluctuations.
- International collaborations and agreements on renewable energy goals.