The geothermal power available for final consumption in France is forecasted to steadily decline over the five years from 2024 to 2028, starting at 1.44 thousand terajoules in 2024 and decreasing to 1.13 thousand terajoules in 2028. The year-on-year percentage variations reveal a consistent decrease, indicating a gradual reduction in geothermal power utilization annually. This downward trend highlights a compounded annual growth rate (CAGR) reflecting a broader decline across the period.
Future trends to watch for:
- Technological advancements in geothermal energy extraction that could reverse the declining trend.
- Government policies promoting renewable energy adoption which might impact geothermal energy's role in France’s energy mix.
- Market dynamics, such as competition with other renewable sources and cost-effectiveness, affecting investment in geothermal power.