The consumption of bioenergy in Germany's mining and quarrying sector is expected to increase steadily through 2028. In 2023, the sector consumed 15.86 Thousand Tonnes of Oil Equivalent (ktoe). Forecasts predict annual growth rates in consumption of about 2% for the coming years, indicating a gradual increase in bioenergy usage. From 2024 to 2028, the compound annual growth rate (CAGR) is expected to be approximately 1.93%.
Future trends to watch for:
- The impact of evolving EU energy policies on bioenergy consumption.
- Technological advancements leading to increased efficiency in bioenergy usage.
- The potential role of government incentives in promoting bioenergy adoption.
- Market responses to fluctuations in fossil fuel prices, possibly boosting bioenergy demand.