Forecast: Renewables and Biofuels Transformation Output in France

The forecast for France's renewables and biofuels transformation output shows a steady increase from 2024 to 2028. The projected values from 2024 to 2028 are 42.83, 43.63, 44.39, 45.11, and 45.8 thousand GWh respectively. In 2023, the actual output was 42.17 thousand GWh. The year-on-year growth from 2023 to 2024 is 1.56%, and subsequently, it ranges from 1.87% to 1.53% annually through 2028. The five-year compounded annual growth rate (CAGR) from 2023 to 2028 is approximately 1.66%.

Future trends to watch include increasing policy support for renewables, advancing technology that boosts efficiency, and fluctuating energy prices impacting biofuel competitiveness. Monitoring these factors will be crucial for stakeholders navigating the evolving energy landscape.

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