In 2023, Germany's imports of renewables and biofuels stood at 3.1 MTOE. From 2024 to 2028, a steady increase is projected, with a year-on-year growth of approximately 2.9% annually. The compound annual growth rate (CAGR) over this period is anticipated to be 2.87%. The upward trend signals a consistent rise in import needs, aligning with Germany's energy transition goals and increasing demand for sustainable energy sources.
Future trends to watch for include:
- Development and integration of green hydrogen as a renewable import.
- Policy shifts supporting greater import volumes to meet climate targets.
- Technological advancements potentially affecting import dynamics.
