Forecast: Electricity Final Consumption in Chemical and Petrochemical Sectors in Germany

The electricity final consumption in Germany's chemical and petrochemical sectors is projected to remain relatively stable over the next five years, showing minor increases from 4.59 million tonnes of oil equivalent in 2024 and 2025 to 4.61 in 2028. This indicates a slight upward trend with a compound annual growth rate (CAGR) over the five-year forecast period being virtually negligible.

Future trends to watch for include:

  • Advancements in energy efficiency technologies which could impact consumption levels.
  • Policy changes from the German government aimed at reducing carbon emissions which could alter energy sourcing.
  • Potential economic changes that might increase demand for chemicals and petrochemicals.

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