EC approves €200 million for renewable energy for self-suppliers of electricity in FranceStaff Writer | October 23, 2018
The European Commission has approved under EU State aid rules a measure to support electricity production from renewable sources for self-consumption in France until 2020.
Europe It will support the deployment of 490 megawatts
The measure is designed to encourage the production of renewable electricity by companies and individuals for their own use (self-consumption), specifically for instances where only a limited part of the electricity they produce is sold to the grid.
The scheme has an indicative budget of €200 million and is financed from the French State budget. It will support the deployment of 490 megawatts of additional generation capacity.
The support is available for small installations with a capacity between 100 and 500 kilowatts. The beneficiaries will be selected through tenders organised until 2020 and in which all renewable energy technologies can participate.
The selected installations will receive support in the form of a premium on top of the market price (so-called "complément de rémunération"). The premium will be granted for a period of 10 years.
The Commission assessed the scheme under EU State aid rules, in particular the Commission's 2014 Guidelines on State Aid for Environmental Protection and Energy. The Commission found that the French scheme will encourage the development of renewable energies for self-consumption and avoid overcompensation for the beneficiaries of the public support, in line with the requirements of the Guidelines.
On this basis, the Commission concluded that the measure will help France boost the share of electricity produced from renewable energy sources to meet its climate targets, in line with the environmental objectives of the EU, while any distortion of competition caused by the state support is minimised. ■