In 2023, French geothermal power gross electricity production was a baseline for forecasting future trends. The forecasted figures show a declining trend from 8.3 subsequential units in 2024 to 7.45 in 2028, indicating a consistent year-on-year percentage decrease. Notably, the reduction reflects a negative compound annual growth rate (CAGR) over these five years, emphasizing a downturn in geothermal production.
Future trends to watch for include:
- Technological advancements that could enhance geothermal efficiency.
- Changes in energy policies or subsidies impacting production viability.
- Potential increase in competition from other renewable energy sources.
- Environmental considerations and public sentiment influencing adoption.
