The forecasted total support for all fossil fuels for general services in Germany shows a gradual decline from 2024 to 2028. In 2023, the actual support stood reportedly around 427 million USD. For 2024, it starts at 422.47 million USD, decreasing yearly to 403.67 million USD by 2028. This represents a consistent year-on-year decline of approximately 1.2% to 1.3%. The five-year Compound Annual Growth Rate (CAGR) indicates an average yearly reduction of under 2%.
Future trends to watch for include Germany’s energy transition policies, which may further reduce fossil fuel support, and the potential impact of global energy price fluctuations or geopolitical changes that could alter funding priorities or energy strategies.
