The chemical and petrochemical sector in France has shown a consistent decline in electricity consumption from 2024 to 2028. In 2024, the forecasted consumption was 18.31 thousand gigawatt-hours, decreasing each year to 17.42 thousand gigawatt-hours by 2028. Although exact 2023 consumption data isn't provided, the declining trend from 2024 suggests a move towards energy efficiency or shifts in production dynamics within the industry.
This period represents a gradual annual decrease, with year-on-year drops of around 1% across these years. The compound annual growth rate (CAGR) over the forecast period reflects this trend of continuous reduction.
Future trends to watch for include technological advancements in energy efficiency, regulatory changes driving the sector towards lower carbon footprints, and potential shifts in industry operations influenced by global market demands and sustainability initiatives.
