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.