From 2024 to 2028, the forecasted fuel oil final consumption in industry in Germany indicates a continued decline. The consumption starts at 13.06 thousand terajoules in 2024 and drops significantly to just 0.44 thousand terajoules by 2028. This represents a precipitous overall decrease, signaling a phase-out of fuel oil use in industrial applications. This continued downward trend suggests an average annual decline of approximately 57.6% over the period.
Future trends to watch for include:
- A potential shift towards sustainable and renewable energy sources as substitutes for fuel oil.
- Increased regulatory pressures and incentives driving industries away from fossil fuel dependency.
- Technological advancements enabling more efficient energy use and potential new applications for alternative fuels.
