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Expert View
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France, which has the third largest wind resource in Europe after Germany and the UK, has launched a tender for E10 billion of offshore wind investment. In attempting to meet its renewable and offshore wind power targets, France risks increasing both the levelized cost of power generation and power sector emission levels, while boosting its dependency on imported fossil fuels.
Published By Datamonitor
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03 Sep 2010 |
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Expert View
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France has unveiled a new renewable energy investment program which will see its government provide E1.35 billion to support the development of cutting-edge clean energy technologies. Datamonitor feels that this may help chart a new developmental roadmap for the French energy industry, which has until now focused primarily on nuclear energy.
Published By Datamonitor
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06 Sep 2010 |
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CommentWire
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French-owned UK energy supplier EDF Energy has ended its partnership with the Nectar loyalty scheme, effective as of January 1, 2011. EDF will instead be turning its marketing efforts towards price perception and brand recognition, including a flagship deal to sponsor the London Eye. While sponsorship of a UK attraction by a French company may cause a stir, no publicity is bad publicity.
Published By Datamonitor
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11 Jan 2011 |
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CommentWire
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A power-rich country, France has for years depended upon its strong portfolio of nuclear reactors. Long-sighted as this technology is, nuclear power is not deemed to be green energy and contributes in no way to France's renewable energy targets as set by the EU. As such, a bid to comprehensively enter the wind power market with 6GW of installed capacity will have numerous interesting consequences.
Published By Datamonitor
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07 Feb 2011 |
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CommentWire
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Following the announcement in June that France plans to invest E1bn in nuclear power, the government has launched a E10bn tender offer to build five offshore wind farms with total installed capacity of 3GW. Should the initiative be successful France will be the foremost contributor to offshore wind power globally, helping it to achieve its EU 2020 target of 23% renewable energy.
Published By Datamonitor
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21 Jul 2011 |
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