The inland consumption of geothermal power in France is forecasted to grow steadily from 2024 to 2028. In 2023, the actual consumption stood at 19.95 thousand Terajoules. The year-on-year variation indicates a consistent increase of approximately 2.5% annually, highlighting a healthy trend in the adoption and reliance on geothermal energy. This steady growth presents a Compound Annual Growth Rate (CAGR) of 2.43% over the five-year period from 2024 to 2028.
Key future trends to watch for include:
• Advancements in geothermal technology which could enhance efficiency and capacity.
• Government policies or incentives aimed at promoting renewable energy sources.
• Market shifts towards sustainable energy solutions driven by climate goals and regulations.