In 2023, the final consumption of renewables and biofuels in domestic navigation in France stood at a significantly lower base compared to the forecasted values. From 2024 to 2028, this consumption is set to increase, marking a steady year-on-year growth. The values show a consistent upward trend, with the year-on-year percentage variations approximating 3% in the early years and slightly tapering to around 2% by 2028. Thus, the compound annual growth rate (CAGR) over this period is estimated to reflect a modest yet stable increase.
Future trends to watch for include:
- Technological advancements improving efficiency in renewable energy sources.
- Policy shifts towards greener fuels that could accelerate growth beyond current forecasts.
- Economic and regulatory factors influencing biofuel adoption rates in domestic navigation.
