Forecast: Renewable Energy Supply (Excluding Solid Biofuels) in Germany

In 2024, renewable energy supply, excluding solid biofuels, is forecasted at 12.8% of Germany's Total Primary Energy Supply, having shown growth from a slightly lower level in 2023. The subsequent years indicate a steady increase, with a projected value of 14.6% by 2028. Year-on-year growth rates are modestly progressive: 3.52% from 2024 to 2025, 3.47% from 2025 to 2026, 3.28% from 2026 to 2027, and 3.11% from 2027 to 2028. The compound annual growth rate (CAGR) over these five years stands at approximately 3.34%.

Future trends to be aware of include:

• The impact of government policies and subsidies on the renewable sector's growth.
• Technological advancements improving efficiency and cost-effectiveness of renewable sources.
• Market dynamics and investments influencing renewable capacity expansions.
• Possible regulatory changes stemming from EU climate targets.