Germany's Energy Consumption Predicted to Hit Historic Low
Economic stagnation drives Germany's energy use to the lowest level since reunification, with fossil fuels still dominating the landscape.
- The Arbeitsgemeinschaft Energiebilanzen forecasts a 1.7% decrease in energy consumption for 2024 compared to the previous year.
- Projected energy use for 2024 is 10,453 Petajoule, nearly 30% less than in 1990.
- Stagnation in the economy is the primary reason for the decline, affecting production in key industrial sectors.
- Oil and gas remain the primary energy sources, accounting for over 60% of Germany's energy consumption.
- Increased electricity imports highlight a robust European energy market, not domestic shortages.