Forecast: Fossil Energy Final Consumption in Machinery Sector in Germany

The forecast for fossil energy final consumption in the machinery sector in Germany from 2024 to 2028 remains constant at 3.49 million tonnes of oil equivalent annually. In 2023, the consumption level was also at this same value. For future assessment, the lack of variation in consumption levels suggests stability in energy demand within the sector. Year-on-year variation shows no change over this period, indicating a stable trend with a compound annual growth rate (CAGR) of 0% over the five years from 2024 to 2028.

Future trends to watch for:

  • Potential impact of renewable energy initiatives on fossil energy consumption.
  • Technological advancements and energy efficiency improvements in machinery.
  • Regulatory changes aimed at reducing carbon footprints and their significance for fossil energy demand.

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