In 2023, lignite final consumption in Germany's industry stood at approximately 4.95 thousand terajoules. The forecast for 2024 to 2028 indicates a consistent annual decline, with values dropping from 4.62 in 2024 to 3.36 by 2028. This represents a cumulative annual growth rate (CAGR) of roughly -8.26% over the forecast period. Year-on-year variation reflects a decrease of about 6.93% from 2023 to 2024 and continues to decline at similar rates annually.
Future trends to watch for include:
- Germany's ongoing transition towards renewable energy and increased energy efficiency, potentially accelerating the reduction in lignite consumption.
- Regulatory changes and technological advancements that may further impact fossil fuel reliance in industrial sectors.
- Economic factors that could either dampen or hasten industry shifts away from lignite.