The final consumption of solid fossil fuels in France's industrial sector stood at 1.34 million metric tons in 2023. The forecast data from 2024 to 2028 shows a consistent decrease, with values projected to drop from 1.28 in 2024 to 1.05 million metric tons by 2028. The year-on-year decline ranges from approximately 4.7% to 5.4%, indicating a steady reduction in consumption. The compound annual growth rate (CAGR) over this five-year forecast period is around -5%, signifying a robust downward trend.
Future trends to watch include:
- Government policies aimed at reducing carbon emissions may further accelerate the decline.
- The industrial sector's increased shift towards renewable energy sources.
- Technological advancements in energy efficiency could also play a significant role.