The forecast for the commercial and public services' final consumption of renewables and biofuels in Italy shows a steady growth trajectory from 2024 to 2028, increasing from 2.8 to 3.03 Million Tonnes of Oil Equivalent. In 2023, the consumption was 2.74 Million Tonnes of Oil Equivalent, marking this as a consistent upward trend.
The year-on-year increases are modest, approximately 2% over each of the next few years. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is anticipated to maintain around 2%, reflecting stable but continuous growth in renewable energy adoption within the sector.
Future trends to watch include advancements in renewable technology, policy changes impacting subsidies or taxes, and shifts in international energy prices which could influence the pace and volume of renewable consumption. Monitoring these factors will be crucial for understanding the potential fluctuations in consumption trends beyond 2028.
