Forecast: Total Support on All Fossil Fuels for Producers in Germany

In 2024, the forecast for total support on fossil fuels for producers in Germany is expected to be 2.46 billion USD. This represents a continuation of a declining trend, as values were higher in previous years. By 2028, this figure is forecasted to gradually decrease to 1.64 billion USD, showing a compound annual growth rate of -9.63% over the five-year period. From 2024 to 2025, the support is predicted to decline by 8.54%, and the trend continues in the following years with decreasing annual percentages until 2028.

Future trends to watch for include:

  • The impact of policy changes on fossil fuel support as Germany prioritizes renewable energy investments.
  • Adjustments in global fossil fuel demand and prices potentially influencing future forecasts.
  • European Union regulations that may accelerate the decline in fossil fuel support.

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