The forecast for geothermal power available for final consumption in Italy from 2024 to 2028 shows a declining trend. The levels in 2023 stood at 110.00 Thousand Tonnes of Oil Equivalent (TOE). In 2024, the value is expected to be 107.76 TOE, and it decreases year-on-year to 98.22 TOE by 2028. Specifically, the year-on-year variation shows a decline of approximately 2.23% in 2025, 2.27% in 2026, 2.32% in 2027, and 2.35% in 2028. The Compound Annual Growth Rate (CAGR) indicates an average annual decrease of approximately 2.68% over the five-year forecast period.
-2024: 107.76 TOE (forecasted)
-2025: 105.36 TOE (forecasted)
-2026: 102.97 TOE (forecasted)
-2027: 100.58 TOE (forecasted)
-2028: 98.22 TOE (forecasted)
Future Trends to Watch: It will be crucial to observe policy changes, advances in geothermal technology, and investments in renewable energy infrastructure, as these factors could significantly impact the trend of geothermal power consumption in Italy.