The forecasted final consumption of electricity by the chemical and petrochemical sector in Germany shows a steady year-on-year increase from 2024 to 2028, with values rising from 192.05 Thousand Terajoules to 192.79 Thousand Terajoules. From 2023 to 2024, there was a small percentage increase detected, continuing this minor upward trend each year throughout the period.
- The consumption grew each year by a forecasted compound annual growth rate (CAGR) which mirrors this slight upward yearly trend.
Looking ahead, industrial decarbonization efforts and technological advancements in energy efficiency will be crucial. Watch for changes in regulatory frameworks and their potential impact on electricity consumption trends.
