As of 2024, the heat final consumption in the iron and steel sectors in France is forecasted to be 14.98 thousand tonnes of oil equivalent. This is expected to increase steadily each year, reaching 16.57 thousand tonnes of oil equivalent by 2028. This reflects a year-on-year growth in consumption as follows: 2025 (2.67%), 2026 (2.60%), 2027 (2.53%), and 2028 (2.41%). The compound annual growth rate (CAGR) over this forecast period is approximately 2.49%.
- Future trends to watch for: - Transition towards sustainable and energy-efficient technologies in the iron and steel sector could affect these forecasts. - Regulatory policies aimed at reducing carbon emissions may also play a significant role in shaping future energy consumption patterns. - Global economic conditions and their impact on industrial production and energy demand.
