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

The bioenergy final consumption in the chemical and petrochemical sectors in France is projected to increase steadily from 2024 to 2028. In 2023, the actual consumption stood at 6.5 thousand gigawatthours. Looking at the forecasted data, there is a consistent year-on-year increase: 2025 shows a 3.6% increase from 2024, 2026 a 3.3% rise from 2025, and both 2027 and 2028 exhibit an increase of approximately 3.2% annually. The compounded annual growth rate (CAGR) for the forecasted period 2024 to 2028 is approximately 3.5%.

Future trends to watch for:

  • Advancements in bioenergy technologies and their integration into petrochemical processes.
  • Regulatory changes in France promoting cleaner energy sources.
  • Fluctuations in global crude oil prices impacting the transition to bioenergy.
  • Expansion of the bioenergy supply chain and infrastructure investments.

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