Forecast: Heat Final Consumption in Iron and Steel Sectors in France

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.

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