The analysis of bioenergy gross electricity production in Italy highlights a fluctuating trend with initial rapid growth, followed by stabilization and a gradual decline. In 2023, the production stood at 18.95 thousand Gigawatthours. Over the past two years, production decreased significantly by 2.24% (1.13% year-on-year for each year). The average annual decline over the last five years was 0.26%, indicating a waning momentum.
Going forward, forecasted data suggests a continual decline at a compound annual growth rate (CAGR) of -0.91% over the next five years, with overall production expected to drop by approximately 4.47% by 2028. This indicates further contraction in the coming years.
Future trends to watch for include advancements in bioenergy technology, regulatory changes, and potential shifts towards other renewable energy sources that could impact the decline or introduce stabilization in production rates.