In the period from 2013 to 2023, the biogases final consumption in the chemical and petrochemical sectors in France has shown significant variation. Starting from a mere 3.7 Gigawatthours in 2013, there has been a substantial increase peaking at 119.51 Gigawatthours in 2020, followed by a decline and subsequent recovery reaching 109.17 Gigawatthours in 2023. This represents a year-on-year increase of 16.61% for 2023, with an average annual growth rate (CAGR) of 45.84% over the past five years.
Looking ahead, the forecast data from 2024 to 2028 indicates a steady increase in biogases consumption, with a projected CAGR of 8.31%. This sustained growth is indicative of ongoing industry shifts towards sustainable energy sources.
Future trends to watch for include:
- Advances in biogas production technology enhancing efficiency.- Regulatory changes incentivizing the use of renewable energy.- Increased investment in biogas infrastructure.- Integration of biogases with other renewable energy systems.