France Set to Pay a Record €9.75 Billion in Aid to Renewables

Skip to Content News Archives Economy Energy Oil & Gas Renewables Electric Vehicles Mining Commodities Agriculture Real Estate Mortgages Mortgage Rates Finance Banking Insurance Fintech Cryptocurrency Work Wealth Smart Money Wealth Management Investor Personal Finance Family Finance Retirement Taxes High Net Worth FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials More Innovation Information Technology FP500 Podcasts Small Business Lives Told Tails Told Shopping Financial Post Store Obituaries Place a Notice Advertising Advertising With Us Advertising Solutions Postmedia Ad Manager Sponsorship Requests Classifieds Place a Classifieds ad Working Profile Settings My Subscriptions Saved Articles My Offers Newsletters Customer Service FAQ News Economy Energy Mining Real Estate Finance Work Wealth Investor FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials This advertisement has not loaded yet, but your article continues below.HomePMN BusinessFrance Set to Pay a Record €9.75 Billion in Aid to RenewablesFrance’s subsidies for renewable energy are set to keep breaking last year’s record to reach €9.75 billion ($11.1 billion) in 2027 as a host of new solar, wind and biogas projects are added, the country’s energy regulator said.Author of the article: You can save this article by registering for free here. Or sign-in if you have an account.l}hx5y3khdsrd2ehi0cul8os_media_dl_1.png Commission de Regulation de l'En(Bloomberg) — France’s subsidies for renewable energy are set to keep breaking last year’s record to reach €9.75 billion ($11.1 billion) in 2027 as a host of new solar, wind and biogas projects are added, the country’s energy regulator said.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountThe rise in support over the next two years, from €7.33 billion in 2025, may fuel a growing political controversy over the cost of the industry in a nation that’s already grappling with ballooning debt and a glut of low-carbon electricity, while energy demand has been eroded by sluggish economic growth.National Rally candidate Marine Le Pen, who currently heads in opinion polls ahead of next year’s presidential elections, wants to halt solar and wind developments, while building new atomic plants, which already provides about two-thirds of France’s power.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againMeantime, President Emmanuel Macron’s government — which is preparing the construction of new atomic plants — is pressing ahead with renewables to maintain ample power supplies and keep power prices low to help consumers and businesses switch away from fossil fuels, and to attract data centers to boost the use of artificial intelligence. The government subsidies for next year are split between renewable power generation on mainland France, which is set to receive €8.38 billion, and biomethane injection into gas networks, which will get €1.37 billion, the Commission de Regulation de l’Energie said in a report this week. On top of that, subsidies for the energy transition in French islands and overseas territories should climb to €2.22 billion next year. Thanks to rising nuclear and renewable output, French power exports surged to a record in the first half of 2026, as French 2027 forward power averaged €54 a megawatt-hour, compared with €89 in Germany and €101 in Italy, according to grid operator RTE. The exports were worth a record €3 billion in the first half, €600 million more than a year earlier. This advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.