In 2023, Germany's net electricity production stood at 561.18 thousand gigawatt hours. For the forecasted years, we see a consistent upward trend in electricity production: 562.71 in 2024, 564.26 in 2025, 565.8 in 2026, 567.32 in 2027, and 568.83 in 2028. The year-on-year variations are as follows:
• Year-on-year increase from 2023 to 2024: approximately 0.27%
• Year-on-year increase from 2024 to 2025: approximately 0.28%
• Year-on-year increase from 2025 to 2026: approximately 0.27%
• Year-on-year increase from 2026 to 2027: approximately 0.27%
• Year-on-year increase from 2027 to 2028: approximately 0.27%
The compound annual growth rate (CAGR) over the five-year period from 2023 to 2028 is around 0.27%.
Considering future trends, it is essential to watch for factors such as advancements in renewable energy technologies, changes in energy policies, and economic conditions. These elements could significantly influence the future landscape of electricity production in Germany.
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