The forecast for fossil energy refinery output in France shows a consistent decline from 2024 to 2028, dropping from 45.88 million tonnes of oil equivalent in 2024 to 37.67 in 2028. This suggests a steady reduction in fossil energy production by French refineries.
Year-on-year, the output is projected to decrease by approximately 4.5% annually. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) indicates an average yearly decline of about 4.7%.
Future trends to watch for:
- Transitions towards renewable energy sources could accelerate the decline in fossil fuel output.
- Policy changes in France and the EU regarding carbon emissions might further impact production levels.
- Technological advancements in energy production could alter future output patterns.
