The forecasted total support on all fossil fuels for producers in Japan is expected to slightly increase over the next five years, from 0.024% of GDP in 2024 to 0.027% in 2028. This indicates a gradual rise, with a year-on-year increase of around 4.17% from 2024 to 2025 and approximately 3.85% from 2025 to 2026. The expected Compound Annual Growth Rate (CAGR) over this period is about 2.98%, reflecting a modest yet steady growth trajectory.
Future trends to watch for include:
- The impact of changing energy policies on fossil fuel support levels.
- Shifts in Japan's energy market towards renewable sources.
- Economic factors influencing GDP and government support strategies.
