In Italy, the share of renewable energy and nuclear energy use has been steadily increasing from 2013 to 2023, reaching 8.54 in 2023. The period from 2013 to 2023 saw fluctuations with peak year-on-year growth in 2013 at 25.14% and a consistent decline in growth rates in subsequent years, settling at 2.79% by 2023. The CAGR over the last five years stands at 3.09%. The forecasted period from 2024 to 2028 anticipates a more modest increase, with a projected 1.9% CAGR and a total growth rate of 9.85% till 2028.
Future trends to watch for include:
- Potential policy changes influencing energy mix preferences towards renewables
- Technological advancements in renewable energy and nuclear energy production
- Shifts in global energy supply chains due to geopolitical factors
- Investment fluctuations in energy infrastructure supporting sustainable growth
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