The forecast for fossil energy final consumption in France's iron and steel sectors indicates a consistent decreasing trend from 2024 to 2028, starting at 669.32 thousand tonnes of oil equivalent in 2024 and declining to 517.17 by 2028. This represents a notable year-on-year decline. The compound annual growth rate (CAGR) over the forecasted period reflects a steady reduction in usage, demonstrating the industry's shift towards more sustainable and efficient energy sources.
Future trends to watch for include:
- Government policies promoting renewable energy and carbon neutrality.
- Technological advancements in energy efficiency within the iron and steel industry.
- Fluctuations in the global demand for steel and its impact on energy consumption patterns.