In 2023, the solid biofuels electricity production capacity in France was recorded at 0.98 thousand megawatts. Forecasted growth shows a steady increase, with capacities expected to reach 1.21 thousand megawatts by 2028. Year-on-year growth reflects a consistent upward trajectory of 4.85% from 2024 to 2025, slowing slightly to 3.70% from 2025 to 2026, and maintaining similar growth rates in subsequent years. The compound annual growth rate (CAGR) over the five-year period from 2023 to 2028 is projected at approximately 4.26%.
Future trends to watch for include:
- Technological advancements that could enhance biofuel efficiency.
- Policy changes impacting renewable energy incentives.
- Market dynamics such as competition from other renewable sources.