The forecast for total support on coal for electricity generation in Germany from 2024 to 2028 shows a steady decline, decreasing from $1.8 billion in 2024 to $1.54 billion in 2028, expressed in constant 2020 US dollars. This indicates a year-on-year decrease of approximately 3.3% on average over this period. Compared to 2023, where the support was estimated at $1.95 billion, the projected figures reflect a clear downtrend aimed at reducing dependence on coal.
Future trends to watch for include:
- The potential acceleration of Germany’s shift towards renewable energy sources, which could further reduce or eliminate coal support.
- Policy shifts or regulations that may impact support levels, especially in line with global climate agreements and internal energy policy reforms.
- Technological advancements in clean energy and storage solutions that could affect future financial allocations towards traditional energy resources like coal.
