Forecast: Wind Power Energy Supply in France

The wind power energy supply in France has shown a significant upward trend over the past decade. Starting from 1.39 Million Tonnes of Oil Equivalent (MTOE) in 2013, it reached 3.53 MTOE by 2023, indicating a strong growth trajectory. Notable year-on-year variations include a peak increase of 23.65% in 2015 and a dip of -7.6% in 2021, with the compound annual growth rate (CAGR) peaking at 23.15% in 2013 and tapering to 7.49% by 2023. From 2024 onward, the growth is forecasted to continue, albeit at a slower pace, with a forecasted 5-year CAGR of 3.47% and an overall growth rate of 18.62% till 2028.

Future trends to watch for include:

  • Technological advancements in wind turbine efficiency
  • Government policies and subsidies supporting renewable energy
  • Impact of global energy market fluctuations
  • Integration with energy storage solutions

Top Countries about Wind Farm