In 2023, Germany's gas oil and diesel oil energy supply, excluding biofuel, was at 133.31 thousand gigawatthours. Projections suggest a gradual increase from 2024 to 2028, with values expected to rise from 133.31 to 134.79 thousand gigawatthours. The year-on-year variation indicates a consistent, albeit modest, growth, reflecting Germany's balanced approach to fossil fuel reliance amid energy transition goals. The compounded annual growth rate (CAGR) over this period illustrates a stable upward trend, driven by factors such as demand consistency in transportation and industrial sectors.
Future trends to watch for include:
- Potential shifts in government policies towards more renewable energy sources, which could impact fossil fuel supply dynamics.
- Technological advancements aimed at improving energy efficiency and reducing emissions.
- Economic factors, especially those affecting oil prices, that may influence supply forecasts and consumption patterns.
- Geopolitical developments which could affect global energy markets and, consequently, Germany's energy imports and supply strategy.