In 2023, the consumption of primary solid biofuels in Italy's wood and wood products sector was recorded at 1.97 thousand gigawatthours. Forecasts for the period from 2024 to 2028 indicate a gradual increase in consumption, reaching 2.23 thousand gigawatthours by 2028. The year-on-year percentage change is steady, with an increase from 2024 to 2025 at 2.97% and maintaining similar growth rates averaging around 2.37% annually through 2028. The compound annual growth rate (CAGR) over these five years is predicted to be approximately 2.53%.
Future trends to watch include:
- The impact of policy on renewable energy initiatives and incentives.
- Technological advancements in wood processing and biofuel efficiency.
- Shifts in global energy markets influencing biomass utilization and costs.
