In 2023, Germany's renewables and biofuels energy supply stood at 2.0341 million terajoules. The forecasted data for 2024 shows an increase to 2.0702 million terajoules, representing a year-on-year growth of 1.77%. This upward trend is consistent through subsequent years, with a 1.79% increase in 2025, a 1.75% rise in 2026, a 1.70% growth in 2027, and a 1.65% increment in 2028. Over the last two years from 2023 to 2024, the renewable and biofuels energy supply exhibits an average annual growth (CAGR) of 1.73%.
Future trends to watch for include advancements in technology, governmental policies, and investment in infrastructure that could further boost the supply of renewable energy. Additionally, fluctuations in global energy markets and shifts in public and private sector priorities towards sustainable energy will be crucial influencing factors.
