Forecast: Fossil Energy Final Consumption in Iron and Steel Sectors in France

In 2023, fossil energy consumption in the Iron and Steel sectors in France stood at approximately 29.72 thousand terajoules. From 2024 to 2028, forecasted consumptions show a declining trend: 28.02, 26.41, 24.81, 23.22, and 21.65 thousand terajoules respectively. Year-on-year percentage decreases are estimated to be 5.7% between 2024 and 2025 and 6.0% between 2025 and 2026, with a compound annual growth rate (CAGR) of around -5.2% over the five years from 2024 to 2028.

Future trends to monitor include the impact of European and national climate policies on energy consumption, technological advancements towards energy efficiency, and a potential shift towards renewable energy alternatives in the sector.

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