Forecast: Chemical and Petrochemical Sector Final Consumption of Electricity in Italy

In 2023, the actual final consumption of electricity in Italy's chemical and petrochemical sector was estimated at approximately 50.24 thousand terajoules. Forecasts from 2024 to 2028 indicate a gradual decrease in electricity consumption, with figures dropping from 50.24 thousand terajoules in 2024 to 49.08 thousand terajoules in 2028. This reflects a consistent annual decline at an average rate of around 0.58% over five years.

Future trends to watch for include:

  • Technology advancements enhancing energy efficiency.
  • Potential impact of regulatory changes favoring renewable energy sources.
  • Market shifts due to increased demand for sustainable product offerings.

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