Key Market Indicators
German nuclear power consumption is anticipated to rise to 0.33 exajoules in 2023, representing a 4.2% increase from the 0.31 exajoules consumed in 2022. This marks a significant shift in the nation's energy profile over the past decades, as consumption has decreased by 14% annually since 1970. Looking ahead, German nuclear generation is expected to decline significantly. Projections indicate that output will drop to 37,400 gigawatt-hours by 2028, down from 55,600 gigawatt-hours in 2023. This represents an annual compounded decrease of 6.2%. Since 1979, the supply of nuclear energy in Germany has consistently fallen by an average of 5% per year, reflecting the country's gradual shift away from nuclear power.
