Wind power gross available energy in Italy demonstrated significant growth from 2013 to 2023, ending the period at 1.87 million tonnes of oil equivalent in 2023. The data reflects a general positive trajectory, although some years witnessed minor declines. Notable periods include 2016 with a 19.16% increase, and 2019, which saw a 14.03% rise. The last two years before 2024 showed growth at around 11.54% in 2021 and 1.06% in 2022. The compound annual growth rate (CAGR) for the last five years stood at approximately 4.23%.
Future trends indicate a steady increase in wind power capacity, with a forecasted CAGR of 1.79% over the next five years, reaching 2.11 million tonnes of oil equivalent by 2028. The projected five-year growth rate stands at 9.29%, reflecting a stabilized, yet promising expansion.
Future trends to watch for:
- Technological advancements in wind turbine efficiency.
- Government policies and incentives for renewable energy adoption.
- Development of offshore wind energy projects.
- Integration of wind power with other renewable energy sources and storage solutions.