In 2023, France's imports of renewables and biofuels stood at 27.5 thousand gigawatthours. Forecasted data from 2024 to 2028 show a consistent increase in imports, reflecting a strong year-on-year growth. Notably, imports are expected to rise from 29.93 thousand gigawatthours in 2024 to 39.55 thousand gigawatthours in 2028. The compound annual growth rate (CAGR) over this period indicates a stable upward trajectory in France's dependency on foreign renewable energy sources.
Future trends to watch for include:
- The impact of domestic renewable energy production on import levels.
- Government policy changes or incentives aiming at reducing reliance on imports.
- Advancements in renewable technology that may alter import requirements.
- Global market dynamics affecting the supply and pricing of biofuels.