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France suffers high dependency on nuclear power & promotes solar PV to achieve its 2030 renewable energy targets

News about extended outages at some nuclear reactors in France which have sent European power prices to records grabbed the headlines repeatedly over the past weeks. French energy markets regulator CRE proposed tighter rules under which alternative energy providers buy power from nuclear power station managed by state-controlled utility EDF. CRE aims thereby curbing potential speculation in the French power market after spot and forward electricity prices surged to record highs due to tight nucl...
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Energy Transition Act redesigns the French energy market: a boost for renewable energies

In the context of the implementation of its national Energy Transition Act in July 2015, France sets itselfnew ambitious energy targets which prospect a promising future for the renewable energy market. In a nutshell, French authorities aim through the new legal framework to reduce in terms of electricity production the proportion of nuclear from 75% to 50% by 2025, to source 40% of electricity from renewables in 2030, and overhaul the countries subsidy regime. The Energy Transition Act seeks to...
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