In 2023, the gross heat production from renewables and biofuels in Germany was approximately 22.8 thousand Gigawatt hours. Forecasts indicate a steady increase from 2024 through 2028, with year-on-year growth ranging between 2% and 4%. The compound annual growth rate (CAGR) for the five-year period from 2024 to 2028 is estimated at around 2.6%.
Looking forward, key trends to monitor include:
- Technological advancements in renewable technologies improving efficiency.
- Government policies and subsidies promoting green energy adoption.
- Market dynamics affecting the pace of transition from fossil fuels.
