The solar thermal energy supply in Germany was at 8.80 thousand gigawatthours in 2023. Forecasts suggest a steady growth from 2024 to 2028, with a year-on-year increase of about 0.3 - 0.4% annually, projecting a value of 8.96 thousand gigawatthours by 2028. This shows a modest compound annual growth rate (CAGR) over the forecast period, indicating a gradual yet positive trend in solar thermal energy supply.
Future trends to watch for include:
- Advancements in solar thermal technology, which could expedite growth rates.
- Regulatory incentives focusing on renewable energy adoption.
- Potential market shifts due to evolving energy policies in Europe.
- Investment in infrastructure to enhance energy efficiency.