In 2023, Germany's lignite production stood at 1.08 million terajoules. The forecast for 2024 shows a slight decline, with lignite production dropping to 1.0136 million terajoules. By 2028, a continued downward trend is projected, reaching 0.77547 million terajoules. This represents a year-on-year decrease of 5.95% from 2024 to 2025 and 6.3% from 2025 to 2026. The compound annual growth rate (CAGR) over the five years from 2024 to 2028 is a negative 5.18%, indicating a persistent reduction in production volume.
Future trends to watch:
- The impact of Germany's energy transition towards renewables on lignite demand.
- Policy shifts and regulatory changes affecting lignite production.
- Technological advancements and economic factors influencing the viability of lignite.
