In 2024, Germany's forecast for total support on end-use electricity as a percentage of GDP shows a starting point of 0.04%. This support is projected to decline annually through 2028, reflecting a gradual decrease. The year-on-year decline is notable with 10% from 2024 to 2025, 8.3% from 2025 to 2026, 12.1% from 2026 to 2027, and 10.3% from 2027 to 2028. Over the forecasted five-year period, the average compound annual growth rate (CAGR) suggests a consistent reduction trend of approximately 10.5% per year.
Future trends to watch for include:
- Germany’s policy shifts towards renewable energy and efficiency improvements as part of their energy transition goals.
- Potential economic impacts, such as inflation or changes in energy pricing, that might influence the percentage of GDP allocated to electricity support.
- Technological advancements that could reduce costs and alter the trajectory of end-use electricity support.