Renewable power consumption in Germany has shown a significant upward trend from 2013, with notable year-on-year increases until 2020. Despite a downturn in 2021, the value stood at 2.47 exajoules in 2023, indicating a recovery and continued growth. The 5-year CAGR from 2018 to 2023 was 2.62%. Forecasted data suggests a steady, albeit slower, growth with a predicted 5-year CAGR of 0.97% leading to 2028.
Future trends to watch for include technological advancements in renewable energy, policy changes, and investment levels which could impact the growth rate. Additionally, external factors such as geopolitical events and economic fluctuations could influence the renewable energy sector's trajectory.
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