From 2013 to 2023, the total renewable energy supply in Germany increased from 11.47 to 19.28 units, reflecting a steady year-on-year growth. The variations from 2021 to 2022 and 2022 to 2023 show consistent increases of 5.58% and 5.26% respectively. The 5-year CAGR from 2019 to 2023 is 6.6%, indicating healthy growth. Notably, the forecast suggests a moderated yet steady increase, with the total supply expected to reach 24.03 units by 2028. The 5-year forecasted CAGR is 3.49%, translating to an 18.71% overall growth over the next five years.
Future trends to watch for include:
- Increased investment in technology for renewable energy generation.
- Policy changes focused on accelerating the energy transition.
- Market dynamics influenced by global energy demands and sustainability goals.
Latest reports
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