In 2023, the consumption of renewables and biofuels in domestic navigation in France was lower than the 2024 forecast of 5.25 Thousand Tonnes Of Oil Equivalent. The forecasted data shows a consistent year-on-year increase: 4% in 2025, 3.12% in 2026, 2.31% in 2027, and 1.91% in 2028. The compound annual growth rate (CAGR) over this five-year period is approximately 2.45%, indicating a gradual and steady increase in the usage of renewable energy sources in this sector.
Future trends to watch for:
- Enhanced governmental policies promoting cleaner energy.
- Technological advancements in biofuels leading to higher energy efficiency.
- Influences from international regulations pushing for lower emissions in maritime transport.
- Investment growth in renewable energy infrastructure.