Forecast: Fossil Fuels Energy Domestic Extraction in Italy

In 2023, Italy's domestic extraction of fossil fuels energy was recorded at approximately 0.1 metric tons per capita. The forecast from 2024 to 2028 shows a steady decline in this measure, with year-on-year decreases of 2% to 6%. By 2028, the extraction is anticipated to fall to 0.081 metric tons per capita. Over five years, the compound annual growth rate (CAGR) indicates a consistent reduction in domestic extraction levels, reflecting a shift towards decreased reliance on fossil fuels.

Future trends to watch for:

  • Transition towards renewable energy sources and their impact on Italy's energy landscape.
  • Policy changes and technological advancements that could alter the current forecast.
  • Developments in global fossil fuel markets influencing domestic extraction rates.

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