In 2023, the final consumption of renewables and biofuels in rail transport in France is documented at a lower level than what is projected for subsequent years. By 2024, consumption is forecasted at 361.44 Terajoules. The predicted year-on-year growth reveals a gradual increase, with percentage growth of approximately 1.13% from 2024 to 2025, 0.90% from 2025 to 2026, followed by 0.71% from 2026 to 2027, and finally 0.56% from 2027 to 2028. This reflects a compound annual growth rate (CAGR) of around 0.83% over this five-year period.
Future trends to monitor include:
- Continued technological advancements influencing consumption efficiency in rail transport.
- Policy shifts in France and the European Union impacting renewable energy usage mandates.
- Market dynamics, including cost and availability of biofuels.