Key Market Indicators
Germany's electricity generation is projected to hit 581 terawatt-hours by 2028, up from approximately 579 terawatt-hours in 2023. This marks a modest average annual growth rate of 0.1%. Since 1990, however, Germany's electricity supply has seen an annual decline of 2.1%. Despite this downward trend, Germany held the ninth position globally in 2023. In comparison, South Korea slightly outpaced Germany with around 579 terawatt-hours. Leading the global rankings, the United States, India, and Russia secured the second, third, and fourth spots, respectively.
