If you got a question, look no further.
We post the most common questions
in our FAQ section.
Please fill in the form below to receive a Free Sample of the Report.
BMI View: Increased regulatory clarity, in form of the passing of the energy
transition bill and the adoption of ambitious long-term targets, will be
conducive to robust renewables capacity growth in France over the next decade.
Robust government support across the renewables sector will further underpin
France's emergence as relatively attractive renewables market in Europe.
Latest Updates And Structural Trends
■ France hosted the UN COP21 climate conference in December 2015 on the back of
having announced ambitious renewables growth targets in November 2015. The
government announced updated and bolstered renewables targets just days after
the official signing of the COP21 document in April, signalling the country aims
to take a proactive role in the green energy agenda.
■ A 63.2GW capacity cap on nuclear power in line with the Energy Transition Bill
that was passed in the lower and the upper house in July 2015 coupled with the
decline in thermal-fired power generation - with coal capacity being phased-down
due to stringent carbon emissions requirements - means that renewables will play
an important role in the French power mix over the next decade. This will in
part also be driven by French aims to sustain robust electricity exports. We
note that a total of 2.4GW of interconnection capacity to the UK is currently
■ The second solar power tender in France held in August 2015 was doubled by the
government from 400MW to 800MW as a result of the strong investor interest and
the attractive bids put forward by project developers. A total of 4,350MW of
solar power-generating capacity is scheduled to be procured in tenders between
2016 and 2019. The government aims to deploy 20.2GW by 2023.
■ We forecast non-hydropower renewables capacity to grow by an annual average of
7.1% between 2016 and 2025. As a result, the segment will comprise about 10.4%
of total power generation in 2025. This will be a result of the lack of firm
measures supporting a targeted phase-down of nuclear power over the next decade,
as we expect the sector to comprise about 75% of total power generation leading
up to 2025 (despite a target to lower the share to 50% by that year).