The forecast for geothermal power final consumption in the fishing sector in France indicates a steady increase of around 2.4% year-on-year from 2024 to 2028. In 2023, the consumption stood at 366.78 Terajoules, marking a consistent upward trend in subsequent years. The five-year compound annual growth rate (CAGR) from 2024 to 2028 is approximately 2.3%. This sustained growth signifies a rising reliance on geothermal power in the fishing sector.
Future trends to watch for:
- Technological advancements in geothermal energy extraction and utilization.
- Government policies promoting renewable energy usage in the fishing sector.
- Economic factors affecting energy prices and their impact on sectoral consumption patterns.
- Environmental regulations that might drive further adoption of geothermal power.