The forecast for Germany's blast furnace gas available for final consumption indicates a steady decrease from 14.23 thousand gigawatt-hours in 2024 to 13.22 thousand gigawatt-hours by 2028. In 2023, the consumption stood at 14.23 thousand gigawatt-hours. Year-on-year, the forecast reveals a slight decline, averaging a reduction of approximately 1.8% annually. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is expected to be -1.8%.
Future trends to observe include:
- Potential impact of technological advancements on energy efficiency.
- Influence of regulatory changes on industrial energy consumption.
- Shift towards alternative energy sources which may replace blast furnace gas usage.