GERMAN OIL & GAS: 58.3%

PLATTS - Germany's total primary energy consumption for 2017 is forecast to rise by 0.8%, mainly due to strong economic growth, with oil and gas further boosting their market share to 58.3% of the energy mix, German research group AG Energiebilanzen (AGEB) said Thursday.

Based on the latest available energy data, AGEB predicts total primary energy use of around 13,525 Petajoules in Europe's largest economy for 2017.

This is still below pre-2008 crisis levels, when primary energy demand peaked just below 15,000 PJ.

Mineral oil remains Germany's biggest single primary energy source covering 34.9% of energy demand, up from 33.9% in 2016, AGEB said.

Within the oil complex, petrol and diesel use was up 2% year on year, kerosene consumption increased by 0.7%, light heating oil was up 2% and naphtha demand from the chemical industry increased by 7%, it said.

Demand for natural gas increased by 5% to cover 23.7% of the primary energy mix mainly due to higher demand for heating, although gas for power generation also rose, it added.

By contrast, both hard coal and nuclear fell 10% on year, now covering only 11.0% and 6.1% respectively in the primary energy mix, with Germany planning to phase out both forms of energy.

Lignite use, however, was little changed at 11.2% with domestically-mined lignite remaining Germany's biggest single source of electricity, it said.

Renewable energy increased its share in primary energy to 13.1%, AGEB said, adding that green energy registered the biggest year on year gains (up 6%) mainly driven by wind power.

Energy-based emissions are forecast to be little changed on year, AGEB said.

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