As of 2023, the final consumption of refinery gas in the chemical and petrochemical sectors in Germany was at 3.9 Thousand Gigawatthours. Forecasts suggest a continuous increase, reaching 4.35 Thousand Gigawatthours by 2028. Year-on-year growth from 2024 to 2025 is 2.82%, from 2025 to 2026 is 2.74%, from 2026 to 2027 is 2.91%, and 2027 to 2028 is 2.59%. The average compound annual growth rate (CAGR) over the five years from 2024 to 2028 is approximately 2.76%.
Future trends to watch for include:
- The impact of Germany's energy transition policies on refinery gas consumption.
- Technological advancements in energy efficiency within the chemical and petrochemical sectors.
- Potential shifts in global energy prices affecting refinery gas use.
- Regulatory changes and their influence on sector demand.