In 2023, the consumption of renewables and biofuels in the mining and quarrying sector in Germany was 5.80 Thousand Tonnes of Oil Equivalent. For the years 2024 to 2028, a modest but steady increase is projected from 5.92 to 6.44. This represents a compound annual growth rate (CAGR) of about 2.1%. The year-on-year growth between 2024 and 2028 illustrates a consistent upward trend with annual increments averaging around 0.13 Thousand Tonnes of Oil Equivalent.
Future trends to watch for include advancements in technology for renewables, policy shifts toward greener mining practices, and economic factors influencing investment in sustainable energy in the industrial sector. Additionally, international environmental agreements and energy price fluctuations might also impact these projections.
