The final consumption of fuel oil in the industry sector in Germany is forecasted to exhibit a significant decline from 2024 to 2028. Starting from 3.63 thousand gigawatthours in 2024, the consumption is expected to reduce dramatically to just 0.1219 thousand gigawatthours by 2028. The year-on-year analysis reveals sharp decreases, with the consumption projected to drop by 24.5% in 2025, 32.1% in 2026, and a more drastic 47% in 2027. The compound annual growth rate (CAGR) over this period is anticipated to be substantially negative, indicating a rapid decrease in usage.
Future trends to watch include the acceleration of Germany’s transition towards renewable energy sources and enhanced energy efficiency measures in the industrial sector. This trend suggests a continued reduction in fossil fuel consumption and increasing reliance on cleaner alternatives, driven by policy and economic incentives aimed at achieving sustainability and carbon reduction targets.
