Forecast: Electricity Final Consumption in Chemical and Petrochemical Sectors in France

The electricity final consumption in the chemical and petrochemical sectors in France shows a forecasted decrease from 1.58 million tonnes of oil equivalent in 2024 to 1.50 million tonnes in 2028. This consistent yearly reduction suggests a slight decline in energy consumption over the forecasted period, indicating improvements in energy efficiency, shifts towards alternative energy sources, or a potential slowdown in industrial activity. The compound annual growth rate (CAGR) over this period reflects a steady decrease.

Future trends to watch include:

  • The impact of decarbonization policies and energy transition efforts on these sectors.
  • Advancements in technology that could further improve energy efficiency.
  • Potential fluctuations in industrial output due to economic conditions or market demands.

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