Based on the forecast data for 2024 to 2028, the heat final consumption in the iron and steel sectors in France displays a steady upward trend. The consumption value in 2023 was 169.65 Gigawatthours. Between 2024 and 2025, there is a year-on-year increase of approximately 2.62%, subsequently followed by similar growth rates in the ensuing years. The compound annual growth rate (CAGR) over the five-year period (2024-2028) is anticipated to be about 2.5%, indicating consistent annual growth in energy consumption.
Future trends to watch for include:
- Technological advancements in energy efficiency could alter consumption dynamics.
- Potential regulatory changes aimed at reducing carbon emissions might impact heat consumption patterns.
- Fluctuations in global steel demand and market conditions could influence energy needs in this sector.