The value of Germany's electricity, gas, steam, and air conditioning supply in 2023 stood at 159.27 billion Euros. Over the years, the sector experienced fluctuations with notable increases in 2017 and 2022. The year-on-year variations from 2022 to 2023 show a moderate growth of 1.6%, while the CAGR for the last five years stands at 0.91%. Projected data indicates continued growth, reaching 171.94 billion Euros by 2028, indicating a 5-year forecasted CAGR of 1.26%.
Future trends to watch for:
- Shift towards renewable energy sources and its impact on production values
- Technological advancements in energy efficiency
- Policy changes and regulatory impacts on the sector
- Economic factors affecting energy demand and pricing