Forecast: Renewables and Biofuels Final Consumption in Industry in France

In 2023, the renewables and biofuels final consumption in the French industry stood at 61.63 thousand terajoules. Forecast data indicates a gradual increase in consumption from 2024 to 2028, with an annual growth rate of about 0.53% in percentage terms. The compounded annual growth rate (CAGR) over this five-year period is projected to be 0.42%. This steady trend suggests a stable shift towards renewable and biofuel use within the industry sector in France.

Future trends to watch:

  • Advancements in technology and efficiency improvements that might accelerate the adoption of renewable energy resources.
  • Government policies and subsidies that could further increase consumption.
  • Potential economic or environmental changes impacting energy consumption patterns.

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