The forecast for Germany's blast furnace gas gross electricity production indicates a steady upward trend from 2024 to 2028, increasing from 680.37 to 697.92 thousand tonnes of oil equivalent. In 2023, the production was slightly lower than in 2024, continuing this rising trajectory, though specific figures for 2023 are not provided.
Year-on-year, the forecast suggests consistent growth of approximately 0.66% annually over the forecast period. The compound annual growth rate (CAGR) for the period from 2024 to 2028 is around 0.66%, denoting a stable yet modest growth pace in blast furnace gas-derived electricity production.
Future trends to watch include advancements in renewable energy technologies and policies influencing industrial gas utilization. These could impact the trajectory of blast furnace gas usage in electricity production, either by increasing efficiencies or shifting energy priorities towards more sustainable sources.
