Germany's Electricity Imports Surge as Domestic Production Declines
In 2024, Germany's electricity imports rose nearly 18%, while domestic production fell by 3.6%, driven by reduced industrial demand and reliance on renewable energy.
- Germany imported 81.7 billion kilowatt-hours of electricity in 2024, marking a 17.9% increase compared to 2023.
- Domestic electricity production dropped to 431.5 billion kilowatt-hours, a 3.6% decrease from the previous year, due to lower industrial demand and increased imports.
- Renewable energy sources accounted for 59.4% of Germany's electricity production in 2024, up from 56% in 2023, with wind and solar leading the growth.
- The share of coal in electricity production fell to a historic low of 22.5%, while the use of natural gas rose to 14.9%, the highest level since 2018.
- Germany's electricity export surplus turned into a significant import surplus for the second consecutive year, nearly tripling from 9.2 billion kilowatt-hours in 2023 to 26.3 billion in 2024.