Forecast: Solid Fossil Fuels Final Consumption in Iron and Steel Sectors in Germany

The final consumption of solid fossil fuels in the iron and steel sectors in Germany shows a forecasted decline from 7.6 thousand GWh in 2024 to 6.21 thousand GWh by 2028. From 2023, which stood at 8.0 thousand GWh, the year-on-year variation reveals a consistent negative trend. The annual decrease from 2024 to 2025 is 4.7%, 2025 to 2026 is 4.7%, 2026 to 2027 is 5.1%, and 2027 to 2028 is 5.2%. The compound annual growth rate (CAGR) over the 5-year period is calculated at -4.8%.

Future trends to watch:

  • Increased adoption of green technologies and renewable energy in the sector
  • Stricter environmental regulations potentially accelerating the decline in fossil fuel use
  • Technological advancements in energy efficiency for iron and steel production

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