The final consumption of electricity in Germany's chemical and petrochemical sector remained static from 2024 to 2028, with a steady increase of 0.05 each year from 53.35 in 2024 to 53.55 by 2028, measured in thousand gigawatthours. This represents a minimal year-on-year growth rate of under 0.1% annually. In the previous years, actual consumption steered ahead at similar rates. In 2023, the consumption level stood at 53.30 thousand gigawatthours.
Future trends to watch for include:
- The impact of Germany's energy transition policies on the sector's electricity consumption.
- Emergence of energy-efficient technologies and their adoption rate.
- Global market shifts and regulatory changes affecting petrochemical production levels.