The output of the Electricity, Gas, Steam, and Air Conditioning Supply sector in Germany has demonstrated a fluctuating trend over the past years. From 2013 to 2023, the output increased from 133.04 billion euros to 163.52 billion euros. Despite a decline in the earlier years (2013 and 2014), the trend became more positive from 2016 onwards, showcasing consistent yearly growth. Specifically, the last two years, 2022 and 2023, observed a year-on-year growth of 1.12% and 1.1%, respectively. The five-year Compound Annual Growth Rate (CAGR) leading up to 2023 measures at approximately 1.44% per year. According to the forecast, the output is expected to grow further, with a forecasted five-year CAGR of 0.82% and a five-year growth rate of 4.16% from 2024 to 2028.
Future trends to watch for:
- Focus on sustainable energy sources, as environmental regulations become stricter.
- Technological advancements in energy efficiency and grid modernization.
- Market liberalization and increased competition, leading to potential shifts in market dynamics.
- Geopolitical factors affecting gas supply security and pricing.
- Emerging trends in decentralized energy systems and consumer-produced energy.