Forecast: Industry Sector Final Consumption of Renewables and Biofuels in Germany

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.

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