Forecast: Mining and Quarrying Sector Final Consumption of Renewables and Biofuels in Germany

The final consumption of renewables and biofuels in Germany's mining and quarrying sector is expected to rise from 68.62 gigawatt-hours in 2024 to 74.78 gigawatt-hours in 2028. This represents a compound annual growth rate (CAGR) of approximately 2.16% over this forecast period. The year-on-year growth is consistent, with an average annual increase of around 2.15%. No data for 2023 is available to establish a comparison for the immediate previous year.

Future trends to watch for include:

  • Technological advancements improving renewable biofuel efficiency.
  • Policy changes impacting renewable energy incentives in the industrial sectors.
  • Fluctuations in global energy prices affecting the cost competitiveness of biofuels.

Top Countries about Mining And Quarrying