France emerged from recession in Q2 2013 posting 0.5% growth. However, the rebound is unlikely to be sustained as leading indicators point to further contraction ahead. Falling investment and austerity continue to drag on the economy. Fiscal consolidation remains a priority for President Francois Hollande.
This report includes 2 file(s)
France energy markets outlook 2014 - overview PDF - 1.42 MB 20 Pages, 8 Tables, 18 Figures
France.xls XLS - 860.54 KB
Due to their sensitivity to political events and the global economy, energy demand and trade remain extremely volatile. The rapidly changing cost environment for hydrocarbon production and renewable energy, combined with energy policy changes, means the fuel mix in energy markets can be unpredictable at best. Further complicating the outlook is the transition and pace of the energy-intensive developing world from industrial to services-based economic growth, supporting the growing need for power generation.
This Energy Markets Long Term Outlook report provides a multi-fuel supply and demand forecast supported by a breakdown of the key facts.
Companies involved in all sectors of the energy industry can use this long term outlook report to assess inter-fuel dynamics and market drivers for strategic planning and investment opportunities. Use it to understand supply and demand fundamentals across hydrocarbon and renewables.
Analysing 92 markets and providing comprehensive coverage of global energy supply and demand, Wood Mackenzie is ideally placed to offer extensive expertise and robust knowledge of the energy markets sector. We write detailed supply and demand forecasts across all fuels and sectors based on our objective, proprietary data.
Whether you want an independent outlook on the market or to screen for opportunities in new markets, we help you understand global energy dynamics so you can shape your corporate strategy with confidence.
Oil will remain the key fuel in the sector but demand will decline as biofuel use increases, electric car schemes are brought in by local governments and fuel efficiency improves. By 2030, oil will reduce its share of the fuel mix from 92.3% in 2013 to 85.1% in 2030.
Residential, commercial and agricultural (RCA)
Electricity demand is driven predominately by the residential sector; 51.4% of total RCA electricity demand (2013). Electricity will continue to be the economic choice for new homes and commercial buildings on the basis of price competitiveness. As such, electricity consumption will increase steadily, seeing the largest absolute increase over the forecast period. Gas is the second most consumed fuel in the RCA. Demand for gas grew by 5.1% in 2013 as household heating and transport demand rose. Over the mid-term, gas demand will be relatively flat growing at less than 0.5% each year to 2030, on average.
Policy and regulation
Environment and carbon policy
EU Emissions Trading Scheme
Gas sector regulation and organisation
Electricity sector regulation and organisation
Subsidies and taxes
In this report there are 26 tables or charts, including:
Executive summary: Table 1
Executive summary: Image 1
Economic outlook: Table 1
GDP by sector (% of GDP)
GDP by expenditure (billion €, 2005 prices)
GDP outlook (annual growth)
Industrial production outlook (annual growth)
Real GDP (annual growth)
Population by age cohort (million)
Industrial production (annual growth)
Total primary energy demand (2005-2035)
Demand by sector (2005-2035)
Demand by fuel (2005-2035)
Electricity intensity comparison (2000-2030)
End-use intensity comparison (2000-2030)
Demand: Table 2
Industrial energy mix (2005-2035)
Demand: Table 3
Transport fuel mix (2005-2035)
Demand: Table 4
RCA sub-sectors (2012)
Residential, commercial, and agricultural (RCA) fuel mix (2005-2035)
Wood Mackenzie's clients include every major player in the global energy, metals and mining industries. We are recognised as a leading authority by international and national energy, metals and mining companies, leading financial institutions, governments and government agencies. We work with a range of diverse teams within our clients, from strategy and policy makers, business developers and market analysts, through to corporate finance, risk teams and investors.
Having Wood Mac analysis is table-stakes. Others are nice to have.
Analyst Metal Mining Producer
Wood Mac has the highest quality data and is demanded by our staff.
Portfolio Manager Integrated Oil Company
Others can provide data but we value the quality of the Wood Mac analysis above other sources.
Wood Mackenzie, a Verisk Analytics business, has been a trusted source of commercial intelligence for the world's natural resources sector for more than 40 years, empowering clients to make better strategic decisions with objective analysis and advice.
We work across every sector of oil, gas, power,renewables,chemicals, metals and mining, covering more than 150 countries. Our proprietary data and models are at the core of everything we do, ensuring our independent asset and company valuations are thoroughly robust and that we offer an accurate forward-looking view of economic indicators such as market supply, demand and price trends.
Our 500+ analysts are based in the regions they cover, cultivating an unrivalled depth of understanding to help clients accurately identify new opportunities, define their strategy and improve business performance.
At every stage, our teams readily collaborate and share their insight to provide an integrated perspective across entire industries. It is this unique and rigorous analytical approach that ensures we are recognised as the industry standard by the world’s most innovative organisations.
Commodity market report | May 2014
France energy markets outlook 2014 - overview
Have questions?Just let us know how to contact you and we will respond to you as soon as possible.