The forecasted crude oil gross inland consumption in France from 2024 to 2028 indicates a consistent downward trend, starting at 518.13 thousand gigawatt-hours in 2024 and declining each year to reach 427.90 thousand gigawatt-hours by 2028. This represents a significant year-on-year decrease of approximately 4-5% annually, with a compounded average growth rate (CAGR) reflecting this decline over the five-year forecast period.
In 2023, actual consumption stood at approximately the same level as in 2024, indicating that the decline is expected to start from this point forward. Future trends to watch include the influence of renewable energy adoption on oil consumption as France continues to invest in sustainable energy solutions. Moreover, shifts in geopolitical landscapes, regulatory changes in carbon emissions, and advancements in alternative energy technologies could further impact consumption patterns.
