Forecast: Marine Electricity Production Capacities in France

In 2023, marine electricity production capacities in France stood at 210 Megawatts. The forecast from 2024 to 2028 shows a declining trend. Capacities are expected to decrease from 209.3 Megawatts in 2024 to 206.98 Megawatts in 2028, reflecting an average Compound Annual Growth Rate (CAGR) of -0.3% over the five-year period. Year-on-year decreases are marginal, averaging around -0.3% to -0.4% annually.

Future trends to watch for:

  • Technological advancements in marine renewable energy that could reverse the declining trend.
  • Government policies or incentives aimed at boosting renewable energy investments.
  • Market developments and competitive projects in the European marine energy sector that may influence France's trajectory.

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