The consumption of blended biodiesels in the French industry is forecasted to grow steadily from 1.1 thousand Gigawatthours in 2024 to 1.32 thousand Gigawatthours in 2028. The year-on-year growth rates show an annual increase of approximately 5-5.5%. The compound annual growth rate (CAGR) over this period is projected at around 4.7%. This upward trend reflects the increasing adoption of renewable energy sources in France's industrial sector. In 2023, the actual consumption was slightly less than the forecast for 2024, marking the beginning of this favorable trend.
Future trends to watch for include technological advancements in biodiesel production, government policies promoting renewable energy use, and changes in industrial energy consumption patterns. These factors could significantly influence the forecasted growth in biodiesel consumption.
