Forecast: Mining and Quarrying Sector Final Consumption of Electricity in Germany

The mining and quarrying sector in Germany exhibited stable electricity consumption, standing at 6.26 thousand terajoules in 2023. Projections from 2024 to 2028 show a marginal increase, with consumption forecasted at 6.27 thousand terajoules for 2024 through 2026 and slightly rising to 6.28 thousand terajoules in 2027 and 2028. This indicates a near-stagnant trend with negligible year-on-year changes and a nominal CAGR over the five-year period.

Future trends to watch for:

  • Technological advancements in energy efficiency could alter electricity consumption patterns.
  • Regulatory changes and policies towards sustainable mining may impact energy demand.
  • Economic fluctuations could affect the mining sector’s operational scale, influencing energy usage.

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