In 2023, the production of renewables and biofuels in France stood at 355.14 thousand gigawatthours. This represented a 2.64% increase from the previous year. Over the past two years, the production saw a steady rise with an average yearly increase of about 2.93%. Analyzing a broader 5-year period from 2019 to 2023, the Compound Annual Growth Rate (CAGR) was 2.41%, reflecting a consistent upward trend in renewable energy production.
Looking forward, the forecast indicates a continued growth trajectory with an estimated rise to 399.53 thousand gigawatthours by 2028, translating to an average annual growth rate of 1.87%. Key future trends to watch for include advancements in renewable energy technology, increased government incentives and policies favoring sustainability, and rising corporate investments in biofuels and green energy solutions.
