The solar thermal energy supply in France stood at 9.03 thousand terajoules in 2023, and is forecasted to grow steadily through 2028. In 2024, it is expected to reach 9.3 thousand terajoules, reflecting a year-on-year growth of around 3% from 2023. In the subsequent years, the growth continues with the supply expected to increase to 9.57 thousand terajoules in 2025 (a 2.91% increase), 9.83 thousand terajoules in 2026 (a 2.72% increase), 10.09 thousand terajoules in 2027 (a 2.64% increase), and finally 10.34 thousand terajoules in 2028 (a 2.48% increase). The compound annual growth rate (CAGR) from 2024 to 2028 is estimated to be approximately 2.75%, indicating a gradual and consistent increase in solar thermal energy supply over the forecast period.
Future Trends to Watch For:
- Technological advancements in solar thermal energy systems enhancing efficiency.
- Government policies and incentives aimed at promoting renewable energy adoption.
- Increasing investments in solar thermal infrastructure.
- Integration of solar thermal energy with other renewable energy sources to create hybrid systems.
