In 2023, total support for coal producers in Germany was below 1.39 billion US dollars. The forecast shows a consistent decline between 2024 and 2028, with annual drops in support of approximately 5.8% in 2025, 5.3% in 2026, 6.5% in 2027, and 6.0% in 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is expected to reflect a declining trend, emphasizing Germany’s ongoing shift away from coal reliance.
Future trends to watch for:
- Germany's commitment to renewable energy and its impact on further reducing coal subsidies.
- Potential shifts in government policy affecting coal industry support.
- Market dynamics influencing coal demand, particularly in the context of global climate goals.
