In 2023, the total electricity generation in Italy stood at 285.4 Thousand Gigawatthours. Analysis of year-on-year variations over the last two years indicates a moderate growth with a 5.47% increase in 2022 and a marginal 0.19% rise in 2023. The Compound Annual Growth Rate (CAGR) over the last 5 years shows an average annual increase of 0.39%.
For future trends, the forecasted data from 2024 to 2028 suggests a steady yet modest growth with a five-year CAGR of 0.17% and an overall growth rate of 0.84% by 2028. This outlook indicates stability and a gradual increase in the total electricity generation in Italy.
Future Trends to Watch For:
- Impact of renewable energy adoption on overall generation.
- Evolving energy policies and regulations at the national and EU levels.
- Technological advancements in energy efficiency and storage.
- Market dynamics influenced by global economic conditions and energy prices.