EU approves France’s plan to develop 17 gigawatts of renewable energy

15/05/2017 14:18 Renewable


It has been announced last week that EU has approved France’s plan to develop three different schemes for the expansion of around 17 GW of onshore wind, solar, and sewage gas installations in the country.

The onshore wind scheme will require a potential budget of €1 billion per year, and will offer support for 15GW of new capacity during the next 10 years.


The projects, which will take the form of what is called a premium on top of the market price, are likely to be small projects, offering backing to operators of small-scale onshore installations of no more than 6 wind turbines with a capacity of maximum 3 MW.


The solar support scheme is a scheme for small-scale solar PV installations (below 100 kilowatt) on building roofs. These installations will obtain a feed-in tariff over 20 years and the premium on top of the market will change depending on the size and the business model – injecting the electricity back into the grid or consuming part of it. Around 2.1 GW of small-scale solar power is expected to be created through the scheme.


The final scheme - sewage gas support scheme - could supply 160 MW of projects, most of them of less than 1 MW in size. Even though the scheme will be open to bigger installations, it is more likely that the support is given to small-scale installations. The more than 500 kW installations will get a backing in the form of a premium on top of the market price for a period of 20 years, but installations under 500 kilowatts will obtain a feed-in tariff over 20 years.

Daily (14.07.2017): Oil prices rose 1.4% on Thursday as world oil demand is picking up

14/07/2017 11:26:00

Oil prices rose on Thursday on evidence that world oil demand is picking up, notably in the United States and China, the world's two biggest oil consumers. Growing demand is helping to drain a global fuel glut but the rebalancing of the oil market is taking longer than anticipated. Brent crude jumped by 1.42% settling at $48.42 a barrel, while the WTI price increased by 1.3% to $46.08 a barrel.


Peru told to suspend talks about oil until pollution is redressed

14/07/2017 10:31:00

Peru was told to cease negotiations for new oil rig in the Amazon until prior pollution was eliminated on Thursday by UN human rights experts.


UK's electric vehicles could reach a peak demand of 3.5GW by 2030

13/07/2017 14:18:00

According to a long-term forecast by the National Grid, electric vehicles (EVs) could raise demand for electricity by 3.5GW by 2030, and by 18GW twenty years later, which equals to around six Hickley Point nuclear power stations.