Forecast: Solid Fossil Fuels Production in Germany

In 2023, Germany's solid fossil fuels production was projected to sustain a notable decrease to 243.62 Thousand Gigawatthours in 2024. This reduction marks an ongoing trend, with expected further declines in subsequent years, reaching 116.76 by 2028. The year-on-year percentages indicate a continuous decrease: 13.21% in 2025, 15.10% in 2026, 17.57% in 2027, and 21.05% in 2028. Over the five-year horizon from 2023 to 2028, the compound annual growth rate (CAGR) forecasts an average annual reduction of approximately 17.63%.

Future trends to watch include:

  • Germany's transition to renewable energy sources which could accelerate the decline in solid fossil fuels production.
  • Potential policy changes aimed at achieving carbon neutrality which might either hasten or stabilize the reduction rate.
  • Technological advancements in energy efficiency and storage could influence demand for fossil fuels, further steering production trends.

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