Forecast: Nuclear Heat Gross Electricity Production in France

From 2013 to 2023, the nuclear heat gross electricity production in France has experienced notable fluctuations. The year-on-year variations have shown sporadic growth and declines, with significant drops in 2016 and 2020 of -7.83% and -11.32%, respectively. The production stood at 33.91 million tonnes of oil equivalent in 2023, indicating a modest increase of 1.46% compared to the previous year. The five-year CAGR up to 2023 was -0.92%, reflecting a declining trend over the period. Forecasts from 2024 to 2028 predict a slight and continuous decrease in production, with a forecasted five-year CAGR of -0.67% and an overall forecasted growth rate of -3.31%.

Future trends to watch for include:

  • Potential policy changes or new government regulations regarding nuclear energy.
  • Advancements in nuclear technology and reactor efficiency.
  • Increasing competition from renewable energy sources.
  • Public sentiment and environmental considerations impacting nuclear energy usage.