Forecast: Fossil Energy Final Consumption in Industry in Germany

In 2023, the final consumption of fossil energy in the German industry was not specifically listed, but from 2024 onward, we see a consistent year-on-year decrease in forecasted values. Specifically, from 2024 to 2028, the consumption drops from 1.705 million terajoules to 1.6478 million terajoules, indicating a steady decline. The average annual decline rate over this five-year period (CAGR) reflects this ongoing reduction in fossil energy use.

Future trends to watch for:

  • The shift towards cleaner and renewable energy sources as Germany continues to push its Energiewende policy.
  • Potential regulatory changes or economic incentives that might accelerate the transition from fossil fuels.
  • Technological advancements that may improve energy efficiency in industrial processes, further reducing fossil fuel consumption.

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