Berliner Boersenzeitung - France drops renewables targets in new energy bill

EUR -
AED 4.195896
AFN 71.967184
ALL 95.956105
AMD 431.27557
ANG 2.044865
AOA 1047.516644
ARS 1599.787344
AUD 1.634702
AWG 2.056193
AZN 1.946495
BAM 1.948847
BBD 2.301397
BDT 140.229711
BGN 1.952594
BHD 0.432257
BIF 3397.288168
BMD 1.14233
BND 1.462402
BOB 7.896827
BRL 6.084281
BSD 1.142678
BTN 105.487045
BWP 15.572647
BYN 3.38148
BYR 22389.659747
BZD 2.298331
CAD 1.568476
CDF 2578.238273
CHF 0.909201
CLF 0.026535
CLP 1047.756565
CNY 7.878195
CNH 7.890848
COP 4233.964621
CRC 537.613746
CUC 1.14233
CUP 30.271734
CVE 110.520837
CZK 24.479838
DJF 203.015262
DKK 7.477009
DOP 70.5393
DZD 153.236161
EGP 59.884006
ERN 17.134944
ETB 179.403308
FJD 2.545343
FKP 0.855641
GBP 0.863377
GEL 3.119006
GGP 0.855641
GHS 12.434303
GIP 0.855641
GMD 83.965623
GNF 10029.654109
GTQ 8.762626
GYD 239.087023
HKD 8.940614
HNL 30.35214
HRK 7.540065
HTG 149.847366
HUF 392.670127
IDR 19357.917045
ILS 3.591873
IMP 0.855641
INR 105.912515
IQD 1495.880584
IRR 1509845.563136
ISK 144.280582
JEP 0.855641
JMD 179.309503
JOD 0.809957
JPY 182.457495
KES 147.680807
KGS 99.896384
KHR 4592.165308
KMF 492.344449
KPW 1027.958359
KRW 1718.217946
KWD 0.351198
KYD 0.952311
KZT 559.471354
LAK 24485.834923
LBP 102295.614193
LKR 355.61615
LRD 209.332331
LSL 19.294382
LTL 3.373003
LVL 0.690984
LYD 7.288497
MAD 10.78074
MDL 19.93605
MGA 4746.379797
MKD 61.626885
MMK 2397.971734
MNT 4078.40156
MOP 9.212554
MRU 45.813172
MUR 53.130181
MVR 17.649424
MWK 1984.226873
MXN 20.505277
MYR 4.49907
MZN 73.006714
NAD 19.294377
NGN 1582.701886
NIO 41.946772
NOK 11.133396
NPR 168.779073
NZD 1.97806
OMR 0.440192
PAB 1.142738
PEN 3.941466
PGK 4.931723
PHP 67.873841
PKR 318.995963
PLN 4.281966
PYG 7372.793338
QAR 4.162364
RON 5.097764
RSD 116.198191
RUB 91.672036
RWF 1666.658856
SAR 4.28687
SBD 9.197715
SCR 17.359327
SDG 686.540465
SEK 10.79321
SGD 1.465385
SHP 0.857043
SLE 28.044615
SLL 23954.092472
SOS 652.845538
SRD 42.892234
STD 23643.91593
STN 24.731435
SVC 9.999326
SYP 127.525549
SZL 19.294368
THB 37.04617
TJS 10.953522
TMT 3.998154
TND 3.371058
TOP 2.750455
TRY 50.475779
TTD 7.750451
TWD 36.648261
TZS 2981.304325
UAH 50.396867
UGX 4296.671023
USD 1.14233
UYU 45.906824
UZS 13839.32323
VES 505.714588
VND 30036.413949
VUV 135.891871
WST 3.185202
XAF 653.633653
XAG 0.014184
XAU 0.000227
XCD 3.087203
XCG 2.059579
XDR 0.809113
XOF 652.845459
XPF 119.331742
YER 272.503136
ZAR 19.285383
ZMK 10282.341101
ZMW 22.243643
ZWL 367.829658
  • RBGPF

    0.1000

    82.5

    +0.12%

  • CMSD

    -0.1100

    22.99

    -0.48%

  • RIO

    -2.8700

    87.83

    -3.27%

  • BCE

    -0.1100

    25.57

    -0.43%

  • BCC

    0.3800

    70

    +0.54%

  • RYCEF

    -0.4000

    16.55

    -2.42%

  • GSK

    -0.8900

    53.39

    -1.67%

  • NGG

    0.0900

    90.9

    +0.1%

  • CMSC

    -0.1500

    22.99

    -0.65%

  • VOD

    0.1000

    14.41

    +0.69%

  • RELX

    -0.0400

    34.14

    -0.12%

  • AZN

    -2.6000

    189.9

    -1.37%

  • JRI

    -0.2300

    12.59

    -1.83%

  • BTI

    0.0400

    59.93

    +0.07%

  • BP

    0.5100

    42.67

    +1.2%

France drops renewables targets in new energy bill
France drops renewables targets in new energy bill / Photo: OLIVIER CHASSIGNOLE - AFP/File

France drops renewables targets in new energy bill

Critics are deriding as a step backward a new French energy bill that favours the further development of nuclear power and avoids setting targets for solar and wind power and other renewables.

Text size:

France, like other EU countries, aims to achieve carbon neutrality in 2050.

The proposed text, which is slated to go before the cabinet early next month and then be submitted to lawmakers, reaffirms France's commitment to nuclear power to ensure "energy sovereignty".

The country became a leader in nuclear power generation after the 1973 oil crisis, building over 50 such power plants that produced around two-thirds of the country's electricity.

But those reactors are ageing and France has yet to bring the first of a new generation of nuclear power plants online.

The proposed text affirms "the sustainable choice of using nuclear energy as a competitive and carbon-free" source of electricity, and targets the construction of at least six but as many as 14 new reactors to pull off the transition to clean energy and meet climate change goals.

But the proposed text sets no such targets for building renewable capacity, in particular wind and solar, whereas previous energy laws did.

The Ministry of Energy Transition said "it is false to say that there is no renewables objective" as the government will set the targets itself later.

But that pledge does not satisfy activists and experts.

"It’s a terrible step back," said Arnaud Gosse, a lawyer specialising in environmental law.

He recalled that in a 2019 law, parliament stated the desire to debate the share of different energy sources in overall production.

- 'Tending' instead of targets -

"If you only quantify nuclear power, you do not know the share of non-renewable energies. As a result, nuclear gets prioritised and, depending on remaining coverage needs, non-renewables will be the subject of floating (future) decrees. It's no longer a mix," Gosse said.

To reach its stated ambition of carbon neutrality by 2050 France will have to massively ramp up the production and share of renewables, studies have repeatedly shown.

After years of prevarication, France last year voted through two bills designed to speed up progress on nuclear as well as renewables.

In November, the government put forward initial figures proposing a doubling to 18 GW of offshore wind power in 2035 as well as setting out the annual rate of deployment of solar panels needed to hit 75 GW in 2035, while also aiming for a doubling of onshore wind power capacity to 40 GW in 2035.

Jules Nyssen, president of France's Renewable Energies Union, declared himself "stunned" after discovering that renewables targets did not appear in the draft.

The text promises to make efforts rather than set objectives and uses formulations such as "tending towards a reduction".

For Anne Bringault, energy transition manager of the Climate Action Network, "this is an extremely significant step backwards, and totally inconsistent with European objectives.

"Even if the objectives are raised, we no longer have such a strong commitment to them," she said.

The draft law also drops targets for reducing energy consumption via renovation of buildings.

(T.Burkhard--BBZ)