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.