In 2023, the gross available energy from pure biodiesels in France stood at approximately 2.85 million tonnes of oil equivalent. Forecasted data from 2024 indicates a steady annual increase, with values expected to reach 2.96 by 2028. Year-on-year growth rates reveal modest but consistent increments, approximately around 0.7%, reflecting a gradual upward trend. The compound annual growth rate (CAGR) over the next five years is projected to be near 0.76%, suggesting sustained yet slow enhancement in biodiesel energy availability.
Future trends to watch:
- Potential policy changes aimed at increasing renewable energy adoption in France, which might drive higher growth rates for biodiesel usage.
- Technological advancements in biodiesel production that could improve efficiency and output.
- Market shifts resulting from increased competition with other renewable energy sources.