The forecast for gross heat production from solid fossil fuels in Germany from 2024 to 2028 shows a consistent decline. From 2024 to 2025, a reduction of approximately 6.09% is expected. The downward trend continues with an average annual decrease of about 6.02% till 2028. Over the five-year period, this results in a compound annual growth rate (CAGR) of around -6.02%. It’s relevant to note that the value stood at a level higher in 2023, indicating a consistent phase-out of solid fossil fuels.
Future trends to watch for:
- Transition towards renewable energy sources may accelerate, further impacting fossil fuel usage.
- Regulatory and policy changes could influence the fossil fuel industry and alter future forecasts.
- Technological advancements in energy efficiency and alternative energy might reduce reliance on fossil fuels more rapidly.