France Renewables Report - Business Monitor International - Industry Reports

France Renewables Report

France Renewables Report - Business Monitor International - Industry Reports
France Renewables Report
Published Aug 20, 2016
51 pages — Published Aug 20, 2016
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Abstract:

According to the French energy regulator CRE, the cost of public service charges will grow by -- from ---- levels leading up to ---- - when it will reach EUR-bn. Two-thirds of these charges are in relation to the CSPE, which adds a tax to retail electricity prices in order to finance renewable energy subsidies. ...France hosted the UN COP-- climate conference in December ---- on the back of having announced ambitious renewables growth targets in November ----. The government announced updated and bolstered renewables targets just days after the official signing of the COP-- document in April, signalling the country aims to take a proactive role in the green energy agenda. A --.-GW capacity cap on nuclear power in line with the Energy Transition Bill that was passed in the lower and the upper house in July ---- (and formally adopted into law on July -- ----) coupled with the decline in thermal-fired power generation - with coal capacity being phased-down due to stringent carbon emissions requirements - mean that renewables will play an important role in the French power mix over ...The government announced updated and bolstered renewables targets just days after the official signing of the COP-- document in April, signalling the country aims to take a proactive role in the green energy agenda. A --.-GW capacity cap on nuclear power in line with the Energy Transition Bill that was passed in the lower and the upper house in July ---- (and formally adopted into law on July -- ----) coupled with the decline in thermal-fired power generation - with coal capacity being phased-down due to stringent carbon emissions requirements - mean that renewables will play an important role in the French power mix over

...On April -- ----, the Conseil superieur de l energie (CSE), a consultative industry body, approved increased targets for onshore wind and solar power compared to the targets that were submitted for consultation in November ----. We note the government already has planned the tendering of --.-GW of solar capacity by ----. ...This is on the back of wind power capacity expanding by ----MW over ----, and solar capacity by ---MW.In November ----, the government announced that onshore wind projects will continue to receive feed-in- tariffs (FiTs) in line with its multi-year plan for the renewables segment - with the decree expected to come into force in January ----. The Ministry of Ecology, Sustainable Development and Energy (MEDDE) announced on July -- ---- that it would double the size of its mid-size photovoltaic solar power projects tender from ---MW to ---MW. ...A total of ---MW of biomass-fired capacity is expected to be procured between ---- and ----. The limited target is due to concerns over the sustainability of large-scale biomass projects, as a result of their impact on domestic forestry management.

...BMI View: France will remain one of Europe s growth outperformers in terms of onshore wind and solar power over the next decade, as robust government support and long-term visibility over the country s renewables expansion plan will be conducive to robust investor interest. We expect offshore wind power and biomass to lag behind in this process as the former will register delays due to a nascent equipment manufacturing sector and the latter continue to face strong domestic opposition due to feedstock sustainability concerns. ...

  
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Document ID
2050-7992
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "France Renewables Report" Aug 20, 2016. Alacra Store. Dec 10, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/France-Renewables-Report-2026-1248>
  
APA:
Business Monitor International - Industry Reports. (2016). France Renewables Report Aug 20, 2016. New York, NY: Alacra Store. Retrieved Dec 10, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/France-Renewables-Report-2026-1248>
  
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