Forecast: Energy Supply of Solid Fossil Fuels in Italy

In 2023, the energy supply of solid fossil fuels in Italy stood at 71.09 Thousand Gigawatthours. For 2024, it is forecasted to be 69.13 Thousand Gigawatthours. The year-on-year variation between 2023 and 2024 is a decrease of approximately 2.8%. This declining trend continues over the subsequent years, with a 3.0% decrease in 2025, a 3.1% decrease in 2026, followed by a 3.1% decrease in 2027, and another 3.2% decrease in 2028, reaching 60.95 Thousand Gigawatthours. Over the last two years, the variation averages to approximately -2.95% annually, while the 5-year compound annual growth rate (CAGR) indicates an average annual reduction of around 3.1%.

Future trends to watch for include increased adoption of renewable energy sources, which is likely to further reduce reliance on solid fossil fuels. Policies aimed at carbon reduction and technological advancements in energy efficiency may also accelerate this decline.

Top Countries about Fossil Fuel