In 2023, the total support for end-use electricity for producers in Germany was higher relative to forecasted values. A significant annual decline is anticipated from 2024 to 2028. The forecast shows a decrease from $702.13 million in 2024 to $184.66 million by 2028, emphasizing a sharp reduction trend in support levels. With a clear negative trend revealed through the significant drop in support forecasted, stakeholders could anticipate a compounded annual growth rate (CAGR) reflecting a considerable decrease in support.
Trends to watch for in the future include:
- Policy shifts impacting support levels for renewable energy producers.
- Innovations in energy efficiency and technology that could reduce dependency on subsidies.
- Market responses and adaptation strategies among producers facing declining financial aid.
- A possible increased focus on sustainable energy transitions and economic adjustments in the energy sector.
