Renewables and biofuels production in Germany has shown a consistent upward trend from 2013 to 2023, reaching 567.42 Thousand Gigawatthours in 2023. The year-on-year variation in the past two years was 2.74% in 2022 and 1.93% in 2023. The five-year compound annual growth rate (CAGR) was 2.34% from 2018 to 2023.
Forecasted data suggests continuous growth, with a projected value of 619.53 Thousand Gigawatthours by 2028. The forecasted five-year CAGR up to 2028 is 1.4%, indicating a moderate but steady increase, and the forecasted five-year overall growth rate is 7.18%. Future trends to watch for include advancements in renewable energy technology, governmental policy changes, and economic factors influencing biofuels and renewable production.
