Forecast: Primary Solid Biofuels Available for Final Consumption in Germany

In 2023, the primary solid biofuels available for final consumption in Germany stood at approximately 125.0 thousand gigawatthours. From 2024 onwards, the forecasted data indicates a steady year-on-year increase in the availability of these biofuels. The growth trajectory shows incremental growth, with each subsequent year experiencing a modest rise in value. Notably, this results in a projected compound annual growth rate (CAGR) of around 1.1% from 2024 to 2028, reflecting a consistent upward trend in the forecast period.

Future Trends to Watch:

  • Focus on advancements in technology and efficiency in biofuel production, which could accelerate growth.
  • Policy changes in Germany or the EU regarding renewable energy consumption could significantly impact this trend.
  • Market dynamics and competition from other renewable sources like solar or wind might influence biofuel's role in the energy mix.

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