Forecast: Bioenergy Final Consumption in Construction in Italy

The bioenergy final consumption in the construction sector in Italy has shown a robust growth trajectory from 2013 to 2023, starting at 277.29 Terajoules and reaching 793.35 Terajoules in 2023. The year-on-year variations highlight significant growth spurts, particularly in 2019 with a 32.57% increase, and a steady pattern thereafter with 9.65% and 8.76% rises in 2022 and 2023, respectively. Analyzing the last five years, the compound annual growth rate (CAGR) stands at an impressive 14.46%, reflecting strong ongoing adoption of bioenergy in construction.

Looking ahead, forecasts suggest a consistent upward trend with bioenergy consumption expected to reach 1110 Terajoules by 2028. Although the five-year CAGR forecast is more moderate at 5.27%, the aggregate growth rate over the five-year forecast period is anticipated to be 29.29%, indicating continued expansion albeit at a slightly decelerated pace.

Future trends to watch for include advancements in bioenergy technology, policy support for renewable energy, and the influence of sustainability goals in the construction sector, all of which could further propel bioenergy adoption.