In 2023, the stock change of solid fossil fuels in Germany stood at a higher level than the forecasted 2024 value. Over the forecast period from 2024 to 2028, there is a consistent annual decrease in stock levels, with a notable decline of 7.95% year-on-year from 2024 to 2025 and an average compound annual growth rate (CAGR) of approximately -9.80% through to 2028. This trend highlights a steady reduction in reliance or demand for solid fossil fuels in the German energy market during this period.
Future trends to watch for include:
- Progress in renewable energy adoption potentially accelerating the decline in fossil fuel stocks.
- Policy changes impacting fossil fuel utilization, in line with Germany’s goals on emissions reduction.
- Technological advancements in energy storage and efficiency that could further influence fossil fuel demand.