In 2023, France's gross electricity production from solid fossil fuels stood at approximately 489.23 Thousand Tonnes of Oil Equivalent. From the forecasted data, there is a clear downtrend, with a significant year-on-year decline: a 13.23% decrease from 2024 to 2025, a 15.06% fall from 2025 to 2026, a 17.56% reduction from 2026 to 2027, and a 21.00% drop from 2027 to 2028.
Over the five-year period from 2023 to 2028, the compound annual growth rate (CAGR) is a decline of around 16.69% per annum, highlighting a strong shift away from solid fossil fuels in France's energy mix.
Future trends to watch for:
- Increasing investment in renewable energy sources as France aims to decarbonize its energy sector, reducing reliance on solid fossil fuels.
- Policy measures and regulations focused on achieving national and EU environmental targets, further influencing the decrease in fossil fuel-based electricity production.
- Technological advances in energy storage and grid management, potentially accelerating the transition from fossil fuels to more sustainable options.