The lignite domestic extraction in Germany stands at 110 million metric tons in 2023. According to forecasts, there's a clear downward trend from 2024 to 2028, with a continuous decrease in extraction volumes each year. In 2024, it's forecasted at 94.65 million metric tons, dropping by approximately 12.94% from the previous year. The decline continues annually, with a projected volume of 47.23 million metric tons by 2028. This marks a Compound Annual Growth Rate (CAGR) of -16% over the forecast period, indicating a substantial reduction year over year.
Future trends to watch for in this sector include:
- Increased regulatory pressures and environmental policies promoting the transition to cleaner energy sources.
- Technological advancements leading to more efficient and sustainable energy alternatives.
- Fluctuations in market demand for lignite as industries shift towards meeting renewable energy targets.
