Forecast: Fuel Oil Available for Final Consumption in Italy

In 2023, Italy's fuel oil available for final consumption stood at approximately 9.22 thousand gigawatthours. From 2024 to 2028, a significant declining trend is forecasted with yearly decreases: 8.08 in 2024, dropping to 3.57 by 2028. This represents an average annual decrease of about 13.1% (CAGR). The forecast reflects a substantial reduction in reliance on fuel oil consumption, indicating a shift towards alternative energy sources or improved energy efficiency. The year-on-year decrease from 2024 to 2025 is approximately 14.1% and about 15.9% from 2025 to 2026, signaling a steep decline.

Future trends to watch for include advancements in renewable energy technologies, regulatory changes boosting green energy initiatives, and potential economic reforms impacting energy consumption patterns. Additionally, global energy market dynamics and Italy's commitment to reducing carbon emissions could significantly influence these forecasts.

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