In 2023, the share of renewables and biofuels in households' final consumption in Germany stood at 16.24%, based on actual data. The forecast indicates a gradual increase from 16.59% in 2024 to 17.99% in 2028. This reflects a consistent year-on-year growth ranging between 1.85% and 2.05% over this period. The compound annual growth rate (CAGR) from 2024 to 2028 is approximately 1.93%, indicating a steady upward trajectory.
Future trends to watch for include technological advancements in renewable energy sources, policy changes promoting green energy, and shifting consumer preferences towards sustainable living, which could accelerate the adoption rates beyond current forecasts.
