In 2023, the chemical and petrochemical sector's final consumption of renewables and biofuels in France reached approximately 4.98 thousand terajoules. Forecasts indicate a steady annual growth in consumption from 2024 to 2028, beginning with 5.13 thousand terajoules in 2024 and reaching 5.72 thousand terajoules by 2028. This represents an average year-on-year growth of around 3% each year. Over this five-year period, the compound annual growth rate (CAGR) is projected to be approximately 3.55%.
Future trends to watch for include potential regulatory changes encouraging further adoption of renewables and biofuels, technological advancements in energy efficiency, and shifts in industrial demand patterns. Monitoring these factors will be crucial for an accurate understanding of future energy landscape dynamics in this sector.
