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EUR 195M guarantee fund approved for deep geothermal projects in France

The European Commission has approved under EU state aid rules a French aid scheme to set up a guarantee fund for deep geothermal operations. The fund will be implemented for a period of 10 years and may provide compensation for deep geothermal projects, providing some protection against the risk linked to the high degree of uncertainty of deep geothermal resources during drilling.

read more... 10/08/2023

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EU greenlights France’s €1.5bn aid to support innovative EV batteries

The European Commission has given the green light for France to provide €1.5 billion (£1.3bn) of state aid to support research and development of innovative batteries for electric vehicles (EVs).

read more... 09/08/2023

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France becomes top European power exporter on nuclear upturn

France overtook Sweden to become Europe’s biggest net power exporter in the first half of 2023, amid an increase in nuclear power availability, while Germany ramped up imports, said Montel’s EnAppSys on Friday.

read more... 07/08/2023

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France to raise regulated household electricity prices by 10% from August

The French government has decided to raise regulated household electricity prices by 10% starting from August, a government official told Reuters on Tuesday, confirming a report from newspaper Les Echos.

read more... 18/07/2023

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Pro-nuclear group calls for equal EC treatment in funding

A group of 12 pro-nuclear EU countries led by France has called on the European Commission to support the equal usage of nuclear energy in the green transition, the French energy ministry said on Wednesday.

read more... 13/07/2023

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