In 2023, France's chemical and petrochemical sectors' consumption of blended biodiesels stood at 3.45 Gigawatthours. The forecast predicts a consistent increase, reaching 4.04 Gigawatthours by 2028 with a year-on-year growth of 4.17% from 2024 to 2025, 3.2% from 2025 to 2026, 2.33% from 2026 to 2027, and 2.02% from 2027 to 2028. The compound annual growth rate (CAGR) for the forecast period is 3.24%, indicating a steady upward trend driven by environmental policies and increasing adoption of sustainable fuels.
Future trends to watch include technological advancements in biodiesel production, changes in European Union regulations regarding sustainable fuels, and shifts in global oil prices which could impact the cost-effectiveness and adoption rate of blended biodiesels in France. Additionally, monitoring the integration of biodiesels into the broader energy mix within these sectors will be crucial.
