Forecast: Renewables and Biofuels Final Consumption in Construction in Germany

The forecast for the final consumption of renewables and biofuels in the construction sector in Germany from 2024 to 2028 shows a gradual increase. Starting at 3.27 thousand terajoules in 2024 and expected to rise to 3.92 thousand terajoules by 2028. This indicates a clear upward trend, reflecting a compound annual growth rate (CAGR) over the five years of approximately 4.5%. In 2023, the consumption stood at a slightly lower level as the data implies steady growth moving forward.

Future trends to watch for include advancements in renewable technology, policy changes in Germany promoting green energy, and construction sector responses to sustainability pressures. Monitoring these factors will be crucial for further understanding market dynamics in renewable consumption within construction.

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