The final consumption of solid fossil fuels in France's chemical and petrochemical sector was registered at 12.65 thousand terajoules in 2023. The forecast from 2024 to 2028 indicates a steady decline, with the value dropping from 12.21 to 10.53 thousand terajoules. The year-over-year percentage decrease is consistent, averaging at approximately 3.8% annually when calculated at the compound annual growth rate (CAGR). This trend reflects a shift towards more sustainable and environmentally friendly energy sources within the sector.
Future trends to watch for include:
- The impact of EU and international regulations on carbon emissions and fossil fuel usage.
- Technological advancements in alternative processing and energy-efficient technologies.
- Investment in renewable energy sources as part of the industry's transition plan.
- Changes in global supply chains and market demand influencing energy consumption patterns.