The production of electricity, gas, steam, and air conditioning supply in France has experienced fluctuations over the years, with notable increases and decreases. From 2013 to 2023, the sector showed growth but with some annual declines, particularly in 2014 and 2020, indicating market volatility. In 2023, the production value stood at 137.82 billion Euros. Year-on-year changes over the past two years showed a 7.62% increase in 2022 and a more tempered 2.15% in 2023. The CAGR from 2018 to 2023 was 2.01%. Forecasts for 2024 through 2028 suggest moderate growth with a 5-year average CAGR of 1.66%, expecting the production value to reach 152.57 billion Euros by 2028.
Future trends to watch for:
- Energy transition policies impacting production mix and future capacities.
- Technological advancements in renewable energy sources and their integration.
- Regulatory changes and economic factors influencing market stability and growth.