The gross available energy for renewables and biofuels in France is expected to see a steady upward trend from 2024 to 2028. In 2023, the value stood at approximately 1.34 million terajoules, marking a phase of solid growth. Year-on-year, the energy supply is forecasted to increase incrementally: 2.8% from 2024 to 2025, 2.6% from 2025 to 2026, 2.6% from 2026 to 2027, and 2.5% from 2027 to 2028. Over the 5-year forecast period, the compound annual growth rate (CAGR) is about 2.6%.
Future trends to watch for:
- Technological advancements in energy storage and grid integration could further enhance renewable energy utilization.
- The implementation of policy and investment in infrastructure improvements could significantly impact growth rates.
- External factors such as geopolitical events and global market demands might influence the future landscape of renewables in France.