Forecast: Solid Fossil Fuels Production in Germany

Germany's solid fossil fuels production is forecasted to decrease significantly over the next five years. Starting at 20.95 million tonnes of oil equivalent in 2024, the production is projected to fall to 10.04 million tonnes of oil equivalent by 2028. This marks a consistent downward trend, with a year-on-year reduction rate of approximately 13.3% from 2024 to 2028. The compound annual growth rate (CAGR) for this period reflects a consistent decline in production output.

Future trends to watch for:

  • Germany's transition to renewable energy sources might further accelerate the reduction in solid fossil fuels production.
  • Policy changes at national and EU levels could impact the pace of decline.
  • Technological advancements in alternative energy solutions could render fossil fuel production less economically viable.

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