The gross available energy from renewables and biofuels in Germany is projected to exhibit steady growth from 2024 to 2028. The forecasts indicate an increase in energy capacity from 49.47 million tonnes of oil equivalent in 2024 to 52.79 million tonnes in 2028. If the 2023 data stood at approximately 48.64 million tonnes, the projected growth suggests significant annual expansions: 1.72% in 2024, 1.72% in 2025, 1.68% in 2026, 1.60% in 2027, and 1.56% in 2028. The compound annual growth rate (CAGR) over this five-year period is therefore around 1.65%.
Future trends to watch for include:
- Technological advancements in renewable energy that may accelerate capacity increases.
- Government policies and subsidies that support renewable energy investments.
- Potential market fluctuations in the global energy sector affecting renewable energy investments and growth rates.
