In 2023, the final consumption of renewables and biofuels in Germany's industry sector was at 35.36 thousand gigawatthours. From 2024 to 2028, a steady increase is forecasted, with year-on-year growth rates of approximately 1.78% from 2024 to 2025, 1.75% from 2025 to 2026, 1.66% from 2026 to 2027, and 1.64% from 2027 to 2028. The compound annual growth rate (CAGR) for the period 2024-2028 stands at around 1.65%.
Future trends to watch for:
- Technological advancements improving efficiency and adoption in the sector.
- Policy changes aimed at accelerating renewable energy integration.
- Shifts in industrial production patterns impacting energy consumption.