Fuel oil gross electricity production in Germany registered a steady growth from 2024 to 2028, increasing from 84.93 to 88.67 thousand tonnes of oil equivalent. In 2023, the production was recorded at approximately 83.58 thousand tonnes. This implies a year-on-year growth rate of 1.20% from 2023 to 2024. The average annual growth rate (CAGR) over the forecast period (2024-2028) is projected to be around 1.1%.

Future trends to watch for include:

Potential shifts in government energy policies promoting renewable energy.
Technological advancements that might improve fuel oil efficiency.
Global oil price fluctuations that could impact fuel oil usage.
Implementation of stricter environmental regulations affecting carbon emissions.