Forecast: Fossil Energy Refinery Output in Germany

The forecast for Germany's fossil energy refinery output from 2024 to 2028 indicates a consistent decline. Starting at 91.61 million tonnes of oil equivalent in 2024, output is expected to decrease annually by approximately 1% to reach 87.98 million tonnes in 2028. In 2023, the production was slightly higher, reflecting a gradual downstream in refining activities due to several factors, including regulatory changes and shifts towards renewable energy sources.

Future trends to watch for include:

  • Increased adoption of renewable energy sources, impacting fossil fuel demand.
  • European Union policies pushing for carbon neutrality, further affecting fossil fuel usage.
  • Technological advancements in energy efficiency and alternative energies.

Top Countries about Fossil Fuel