Forecast: Primary Solid Biofuels Energy Supply in Italy

Between 2013 and 2023, Italy's primary solid biofuels energy supply exhibited fluctuations, displaying both upward and downward trends. In 2013, the supply was 370.45 thousand terajoules, rising by 5.36% from the previous year. By 2014, it decreased by 8.83%, reflecting a significant drop. A moderate recovery occurred in 2015 with a 6.34% increase, followed by marginal year-on-year variations until 2023, where the supply reached 381.4 thousand terajoules. Over the last two years, the supply grew by 1.18% in 2022 and 1.46% in 2023. The five-year CAGR before forecasts averaged 1.37%.

Future trends suggest a steady rise in biofuels energy supply, with forecasted annual growth rates rising gradually. By 2028, the supply is expected to increase to 408.08 thousand terajoules, reflecting a five-year CAGR of 1.07% and an overall growth rate of 5.49%. It will be essential to monitor technological advancements, policy incentives, and potential market fluctuations that could impact this trajectory.

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