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Green light for renewables projects in France

|11 February 2017|

France

A trio of French initiatives designed to produce more than 2600 megawatts in renewable energy has been endorsed by the European Commission.

The three schemes will allow France to develop around 2600 megawatts of additional solar capacity and 60 megawatts of additional hydropower capacity. It will help the country achieve its 2020 target of producing 23% of its energy needs from renewable sources.

The Commission assessed all three schemes under EU state aid rules, which ensure that the use of public funds is limited and there is no overcompensation. It concluded that the measures will boost the share of electricity produced from renewable energy sources, in line with the environmental objectives of the EU, while the distortion of competition caused by the state support is minimised.

 European Commissioner Margrethe Vestager, responsible for Competition, said: “These French initiatives will stimulate a greater use of renewable energy sources and provide legal certainty to the sector, while limiting the use of state support to the minimum. This is a very important balance for Europe in the pursuit of our environmental objectives.”

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Iain Robertson
Written By

Iain is an experienced writer, journalist and lecturer, who held editorships with a number of business focussed publications before co-founding and becoming editor of Innovators Magazine. Iain is also the strategic director for OnePoint5Media.

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