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.