Forecast: Electricity Final Consumption in Chemical and Petrochemical Sectors in France

The forecast for electricity consumption in the chemical and petrochemical sectors in France shows a steady decline from 65.93 thousand Terajoules in 2024 to 62.73 thousand Terajoules in 2028. This indicates an annual decrease in consumption, reflecting a negative trend. The year-on-year variation averages at approximately -1.84% over these years. The estimated compound annual growth rate (CAGR) from 2024 to 2028 is about -1.75%, suggesting a continuous reduction in electricity consumption in these sectors.

Future trends to monitor include:

  • Advancements in energy efficiency technologies that could further decrease electricity needs.
  • Potential shifts in industrial policy or environmental regulations impacting energy use.
  • Any significant changes in the global chemical and petrochemical markets influencing production rates and energy requirements.

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