Forecast: Fossil Energy Energy Supply in Germany

The supply of fossil energy in Germany has seen a general decline over the past decade, transitioning from 3.0339 million gigawatthours in 2013 to 2.5523 million gigawatthours in 2023. The year-on-year variations have ranged between modest increases and significant decreases, with recent years showcasing a clear downward trend. From 2022 to 2023, there was a year-on-year reduction of 1.29%. The Compound Annual Growth Rate (CAGR) over the last five years indicates an average annual decline of 2.09%. Looking forward, forecasts indicate a continuing decrease, with a projected average annual decline of 1.04% from 2024 to 2028 and an overall reduction of about 5.09% over this period.

Future trends to watch for include:

• Transition to renewable energy sources.
• Impact of energy policies and regulations aimed at reducing carbon emissions.
• Technological advancements in energy efficiency.
• Market dynamics and global energy prices.