In 2023, the transformation output of renewables and biofuels in France was estimated at 42.1 thousand gigawatthours. Based on the forecasted data from 2024 to 2028, there is a consistent year-on-year growth in output, starting at 42.83 thousand gigawatthours in 2024 and reaching 45.8 thousand gigawatthours by 2028. This indicates a steady increase in France's renewable energy production capacity with an approximate compound annual growth rate (CAGR) of 1.68% over this period.
Key trends to watch in the future include:
- The development of new technologies and upgrading infrastructure which may accelerate growth rates.
- Changes in government policies and subsidies that could either boost or hinder the sector's expansion.
- Global energy market fluctuations that could affect investment in renewables and biofuels.