In 2023, the geothermal and biomass energy consumption in France stood at approximately 10.18 Terawatthours. From 2024 to 2028, a consistent increase is projected with a compound annual growth rate (CAGR) of around 2.75%. Year-on-year variations reveal a steady growth, with increases of about 3.05% from 2024 to 2025 and 2.87% from 2025 to 2026. The period from 2026 to 2027 sees a rise of 2.61%, while 2027 to 2028 marks an increase of 2.54%.
Future trends to watch for:
- Efforts toward decentralization and democratization of energy production could alter consumption patterns.
- Increased efficiency and technological advancements may drive further adoption.
- Environmental policies and incentives could significantly impact investment and growth in the renewable energy sector.
- Market dynamics such as the cost of production and technological competitiveness will play a central role in expansion.