Forecast: Industry Sector Final Consumption of Solid Fossil Fuels in Germany

In 2023, the final consumption of solid fossil fuels in Germany's industrial sector stood at an estimated 2.89 million tonnes of oil equivalent. Forecasts from 2024 to 2028 indicate a consistent downward trend, with values projected to decrease from 2.8 to 2.45 million tonnes of oil equivalent. Year-on-year percentage variations show a gradual decline, with an approximate annual decrease of 3.2%. The compound annual growth rate (CAGR) over this period is a decline of around 3.7%.

Future trends to watch for:

  • Accelerated shift towards renewable energy sources and potential governmental policy changes regarding fossil fuel usage.
  • Technological advancements in energy efficiency might further reduce fossil fuel consumption.
  • Industrial shifts or economic factors impacting energy demand in Germany.

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