The forecast for Italy's exports of renewables and biofuels indicates a growing trend from 11.7 thousand gigawatthours in 2024 to 16.11 thousand gigawatthours by 2028. This represents a year-on-year increase of approximately 9.6% in 2025, 8.6% in 2026, 7.9% in 2027, and 7.2% in 2028. The compound annual growth rate (CAGR) over the forecasted five-year period is approximately 8.3%, assuming 2023 exports were similar to the value in 2024.
Future trends to watch for:
- Increased investment and innovation in the renewables sector within Italy.
- Potential policy changes or initiatives aimed at boosting green energy exports.
- Global demand shifts which might influence export volumes.
- Technological advancements impacting Italy’s efficiency and competitiveness.