In 2023, Germany's solid fossil fuels transformation output stood lower than the forecast values beginning in 2024. Over the forecast period from 2024 to 2028, the output is projected to decrease gradually from 383.09 to 377.76 thousand terajoules, suggesting a steady decline.
Year-on-year percentage variations indicate a decrease rate of approximately 0.35% annually. Over the full forecasted period, the compound annual growth rate (CAGR) stands negative, reflecting the consistent reduction in output.
Future trends to watch for include the potential impact of Germany's energy transition towards renewable sources, regulatory changes, and technological advancements, which could further influence the demand and transformation of solid fossil fuels.
