The forecast of Italy's energy supply from solid fossil fuels shows a gradual decline between 2024 and 2028, from 6.21 to 5.85 million tonnes of oil equivalent (Mtoe). In 2023, this supply stood at 6.30 Mtoe. Year-on-year analysis reveals a consistent decrease, with each succeeding year showing a reduction of approximately 1.5%. The five-year compound annual growth rate (CAGR) indicates an average annual decline of about 1.5% in the energy supply of solid fossil fuels from 2024 to 2028.
Future trends to watch for include:
- Potential policy shifts favoring renewable energy sources, impacting fossil fuel consumption.
- Technological advancements in energy efficiency potentially accelerating the decline in solid fossil fuel use.
- Economic factors influencing energy demands and strategic reserves management.
Latest reports
US Energy Market Report- Q4 2024
The fourth quarter of 2024 has been transformative for the US energy market, characterized by substantial growth in renewable energy sectors and strategic...
China Energy Market Report- Q4 2024
The fourth quarter of 2024 has been a pivotal period for China's energy market, marked by significant developments across various segments. This summary...
Japan Energy Market Report- Q4 2024
In the fourth quarter of 2024, the energy sector in Japan underwent significant transformations driven by policy shifts, technological advancements, and market dynamics....
Germany Energy Market Report- Q4 2024
The fourth quarter of 2024 marks a pivotal period for the energy landscape in Germany, characterized by significant advancements and challenges across various...
India Energy Market Report- Q4 2024
The fourth quarter of 2024 marked a period of transformative developments within India's energy market, driven by significant milestones in renewable energy and...
France Energy Market Report- Q4 2024
The France energy market in Q4 2024 is characterized by a complex interplay of renewable energy expansion, nuclear energy challenges, and economic pressures....
Canada Energy Market Report- Q4 2024
In Q4 2024, the Energy Canada market experienced dynamic shifts with notable developments across oil, gas, and renewable energy sectors. Key drivers included...
Brazil Energy Market Report- Q4 2024
In Q4 2024, Brazil's energy sector is characterized by significant advancements and strategic shifts, particularly in renewable energy adoption and traditional fuel production....
South Korea Energy Market Report- Q4 2024
The South Korea energy market in Q4 2024 is characterized by significant shifts towards renewable energy, strategic policy changes in nuclear energy, and...
Australia Energy Market Report- Q4 2024
In the fourth quarter of 2024, Australia's energy market has experienced significant transformations driven by advancements in renewable energy projects, strategic investments, and...