The forecasted commercial and public services final consumption of renewables and biofuels in France exhibits a steady growth trajectory from 2024 through 2028. In 2023, the consumption stood at 1.1 million tonnes of oil equivalent. Starting in 2024, with a value of 1.14, it steadily increases annually to reach 1.28 million tonnes by 2028.
- Year-on-year growth from 2024 to 2025 is approximately 2.6%.
- From 2025 to 2026, it increases nearly 3.4%.
- The growth from 2026 to 2027 is about 3.3%.
- Finally, the rise from 2027 to 2028 is close to 2.4%.
Over the forecast period, the compound annual growth rate (CAGR) is around 3.1%, reflecting a positive trend toward increased adoption and reliance on renewables and biofuels in this sector.
Future trends to watch for include technological advancements in biofuel efficiency, potential government policy shifts impacting renewable energy incentives, and broader adoption of sustainable practices across industries. These factors could accelerate growth beyond current forecasts.
