Forecast: Fossil Energy Final Consumption in Machinery Sector in Germany

In 2023, the consumption of fossil energy in Germany's machinery sector stood at approximately 142.5 thousand Terajoules. From 2024, the forecasts indicate a consistent decline: 140.97 in 2024, 139.36 in 2025, 137.76 in 2026, 136.17 in 2027, and 134.61 in 2028. This represents a year-on-year decline, with the CAGR over the 5-year period to 2028 expected to be negative, reflecting a gradual reduction in fossil energy usage.

Future trends to watch for include:

  • Increased adoption of renewable energy sources, driven by stricter environmental regulations in Germany.
  • Technological advancements leading to more energy-efficient machinery.
  • Potential economic or policy shifts influenced by global energy markets.

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