The total support on coal for all beneficiaries or sectors in Italy stood at 433.5 million USD in 2023. Forecasts for 2024 to 2028 show an increasing trend with annual values of 457.34, 481.5, 505.41, 529.08, and 552.5 million USD, respectively. Between 2024 and 2025, there is a 5.29% increase, followed by similar annual growth rates: 4.97% from 2025 to 2026, 4.69% from 2026 to 2027, and 4.43% from 2027 to 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is approximately 4.85%.
Future trends to watch for include:
- Transition towards renewable energy policies that may impact coal support.
- Potential regulatory changes affecting the coal industry in Europe.
- Fluctuations in global energy prices impacting support costs.
- Technological advancements in clean coal and carbon capture utilization and storage (CCUS) technologies.
