Forecast: Brown Coal Briquettes Final Consumption in Iron and Steel Sectors in Germany

In 2023, the consumption of brown coal briquettes in Germany's iron and steel sector was approximately 1.97 thousand gigawatt-hours. The forecast from 2024 to 2028 indicates a steady increase in consumption values: 2.03 (2024), 2.09 (2025), 2.16 (2026), 2.23 (2027), and 2.29 (2028) thousand gigawatt-hours. Year-on-year variations from 2023 to 2024 show an increase of approximately 3.05%, with a similar trend expected in subsequent years. The compound annual growth rate (CAGR) for the period from 2024 to 2028 is forecasted to be around 2.45%.

Future trends to watch for:

  • Potential shifts in energy policy that could affect coal consumption.
  • Technological advancements in the iron and steel sector that might reduce dependence on coal.
  • Incremental shifts towards renewable energy sources impacting the demand for coal briquettes.

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