In 2023, total support for natural gas in Italy stood at $1.84 billion USD (constant 2020 dollars). Projections indicate a consistent year-on-year increase: 6.5% in 2024 to $1.96 billion, 5.6% to $2.07 billion in 2025, 5.8% to $2.19 billion in 2026, 5% to $2.3 billion in 2027, and 4.8% to $2.41 billion in 2028. The five-year cumulative annual growth rate (CAGR) is anticipated at approximately 5.6%.
Future trends to watch for include:
- Transition to renewable energy sources affecting natural gas support levels.
- Regulatory changes in Italy's energy policies.
- Technological advancements potentially reducing natural gas dependency.