In 2023, Germany's fuel oil gross heat production stood at 11.36 thousand tonnes of oil equivalent. The forecast data from 2024 to 2028 indicates a steady increase in production: 11.51 in 2024, 11.67 in 2025, 11.83 in 2026, 11.97 in 2027, and 12.11 in 2028. This represents a gradual year-on-year growth with a compound annual growth rate (CAGR) over the next five years.
Future trends to watch for include:
- Integration of renewable energy sources, possibly affecting fuel oil demand.
- Potential policy changes targeting emissions reductions that may impact production volumes.
- Technological advancements in energy efficiency within the sector.