The cut, which the Government itself qualifies as “retroactive”, will affect a few hundred contracts concluded between 2006 and 20104, out of the 235,000 signed in that period. Pursuant to the text of the Amendment, the purchase price will be revised so that the return on fixed capital – taking into account all the financial and tax incentives received by the installation – does not exceed a “reasonable return on capital”.
France FIT
The new draft of legislation on multi-annual energy planning for France raises big concerns by the geothermal sector in France as in its current form does not provide for any guarantees of favourable feed-in-tariffs for geothermal power.
The European Commission in February rubber-stamped French plans to support four 24MW floating wind demonstrators, along with Groix Belle Ile, awarding contracts to Engie/EDPR’s Leucate and Quandran’s Eolmed in the Atlantic Ocean and EDF’s Provence Grand Large in the Mediterranean, at a 20-year feed-in tariff of €240/MWh ($272/MWh).
he feed-in tariff granted reduces each quarter in line with how much solar capacity was installed in the previous three-month period and the drop will be felt more keenly in sun-rich Corsica and the nation’s overseas territories than on the mainland.
Cet arrêté tarifaire relatif aux installations d’une puissance inférieure à 100 kWc :
– fixe les tarifs d’achat de l’électricité photovoltaïque en revente totale pour un contrat de 20 ans
– instaure une prime à l’investissement pour les installations en autoconsommation avec vente de surplus
The €600 million scheme is expected to lead to the deployment of an additional 350 MW of PV capacity, and to support ground-mounted and rooftop projects relying on innovative technologies and ranging in size from 100 kW to 5 MW. “The beneficiaries will be selected through tenders organised until 2019,” the EC added.
The European Commission has approved under EU State aid rules a measure to support innovative installations for electricity production from solar energy. The measure will further support the EU’s energy and climate objectives without unduly distorting competition in the Single Market.
France has a feed-in tariff for tidal energy of €150 MWh but SIMAC believe that its scaled-up project could see costs being brought down to around €70 MWh. As a source of predictable firm and dispatchable power, the tidal array offers a valuable source of decarbonized energy to meet the requirements of the local power grid.
The European Commission has approved four schemes to support electricity production from onshore wind and solar on buildings and on the ground in France under EU state aid rules. The schemes will allow France to develop over 7 additional gigawatts in renewable energy.
Biogas production has risen quickly in France, but plans to abolish feed-in tariffs in favour of auctions could put the brakes on its continued growth.
