Forecast: Renewables and Biofuels Available for Final Consumption in Italy

In 2023, renewables and biofuels available for final consumption in Italy were approximately 11.91 million tonnes of oil equivalent. From 2024 onwards, a steady annual growth is observed, with an increase from 12.16 in 2024 to 13.14 million tonnes by 2028. The year-on-year increase ranges consistently around 2% per year. Analyzing the five-year compound annual growth rate (CAGR), the forecast projects an approximate growth rate of 2%.

Future trends to watch include technological advancements in renewable energy, policy shifts toward sustainable energy, and investments in infrastructure to support biofuel production. These factors could further accelerate growth.

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