In 2023, RD&D spending in fossil fuels in Germany stood at 37.77 million USD PPP. The forecasted data from 2024 to 2028 indicates a declining trend in investment, with a year-on-year decrease of approximately 4-5%. The Compound Annual Growth Rate (CAGR) over this period is expected to be around -3.9%, suggesting a consistent reduction in spending over the five-year period.

Future trends to watch for:

Germany’s potential policy shifts towards renewable energy may further decrease fossil fuel RD&D funding.
Technological advancements or carbon neutrality commitments could accelerate the decline.
Global energy market dynamics might influence local investment decisions.