The energy consumption for ethanol production in France experienced significant fluctuations from 2013 to 2023. Actual data shows a peak at 969 thousand tonnes of oil equivalent in 2015, followed by dips and rises. Particularly notable were declines in 2019 (-7.4%) and 2020 (-12.48%), attributed to market uncertainties and potential policy changes. A resurgence occurred in 2021 with a substantial increase of 22.95%, continuing to 2023, maintaining an annual growth rate of 1.89% to reach 963.65 thousand tonnes of oil equivalent.
Overall, the compound annual growth rate (CAGR) from 2013 to 2023 was rather modest, with pronounced variability in certain years. Moving forward, forecasts suggest a positive trajectory, with expectations of a 1.46% CAGR from 2024 to 2028, indicating steady growth and a 7.51% total increase by 2028.
Future trends to watch for:
- Technological advancements in ethanol production efficiency.
- Policy and regulatory changes influencing energy consumption patterns.
- Market demand variations in line with renewable energy goals.
- External economic factors that might affect energy prices and consumption.