The forecast for coking coal energy supply in France shows a gradual decline from 117.47 thousand terajoules in 2024 to 107.38 thousand terajoules in 2028. This downward trend reflects a year-on-year percentage decrease, with a consistent rate of decline from year to year. In 2023, the actual value was higher, underscoring the projected reduction in supply over the coming years. Specifically, the compound annual growth rate (CAGR) over the five-year period indicates an average yearly decrease.
Future Trends to Watch for:
- Potential shifts in energy policy or regulatory changes that could impact coking coal supply.
- Technological advancements in alternative energy sources that might further diminish the demand for coking coal.
- Market dynamics such as international trade developments and economic factors influencing the coal industry.
- Environmental considerations and the push for carbon-neutral alternatives which may accelerate the decline in coking coal usage.