The forecast for Germany’s industrial sector final consumption of natural gas from 2024 to 2028 shows a steady yet minimal increase. Starting at 235.0 thousand gigawatt hours in 2024 and rising to 236.92 thousand gigawatt hours by 2028, yearly growth hovers around 0.2% year-on-year. In 2023, the consumption was a critical benchmark from which these projections escalate slightly each year, indicating a stable yet low-demand increase.
Future trends to watch include:
- Transition towards renewable energy sources impacting natural gas consumption.
- The effect of energy policies and regulations in promoting energy efficiency.
- Technological advancements reducing dependence on natural gas.