Forecast: Industry Sector Final Consumption of Solid Fossil Fuels in France

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.

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