In 2023, the output of gas oil and diesel oil in France stood at an estimated value that reflects historical data trends, with forecasts predicting a decrease from 2024 onwards. By 2028, the output is projected to reach around 180.91 thousand gigawatt-hours, indicating a steady decline over the forecast period. Year-on-year variations suggest annual reductions ranging from approximately 4.5% to 5.4% from 2024 through 2028. The compound annual growth rate (CAGR) over the five-year period shows a consistent decrease, averaging around 5% annually. This downward trend aligns with broader European efforts to reduce fossil fuel dependency.
Key future trends to watch for include:
- Government policies promoting renewable energy adoption that could further accelerate the decline in fossil fuel demand.
- Technological advancements in energy efficiency and alternative fuels potentially impacting traditional oil outputs.
- Evolving consumer preferences towards electric vehicles affecting diesel oil consumption.