The China Mail - France pushes forward with plan to speed up renewables

USD -
AED 3.672504
AFN 66.344071
ALL 83.58702
AMD 382.869053
ANG 1.789982
AOA 917.000367
ARS 1405.057166
AUD 1.540832
AWG 1.805
AZN 1.70397
BAM 1.691481
BBD 2.013336
BDT 122.007014
BGN 1.69079
BHD 0.374011
BIF 2943.839757
BMD 1
BND 1.3018
BOB 6.91701
BRL 5.332404
BSD 0.999615
BTN 88.59887
BWP 13.420625
BYN 3.406804
BYR 19600
BZD 2.010326
CAD 1.40485
CDF 2150.000362
CHF 0.80538
CLF 0.024066
CLP 944.120396
CNY 7.11935
CNH 7.12515
COP 3780
CRC 501.883251
CUC 1
CUP 26.5
CVE 95.363087
CZK 21.009504
DJF 177.720393
DKK 6.457204
DOP 64.223754
DZD 129.411663
EGP 46.950698
ERN 15
ETB 154.306137
EUR 0.86435
FJD 2.28425
FKP 0.759642
GBP 0.759936
GEL 2.70504
GGP 0.759642
GHS 10.930743
GIP 0.759642
GMD 73.000355
GNF 8677.076622
GTQ 7.659909
GYD 209.133877
HKD 7.77703
HNL 26.282902
HRK 6.51504
HTG 133.048509
HUF 332.660388
IDR 16685.5
ILS 3.24758
IMP 0.759642
INR 88.639504
IQD 1309.474904
IRR 42100.000352
ISK 126.580386
JEP 0.759642
JMD 160.439
JOD 0.70904
JPY 153.43504
KES 129.203801
KGS 87.450384
KHR 4023.264362
KMF 421.00035
KPW 899.998686
KRW 1455.990383
KWD 0.306904
KYD 0.83302
KZT 524.767675
LAK 21703.220673
LBP 89512.834262
LKR 304.684561
LRD 182.526573
LSL 17.315523
LTL 2.95274
LVL 0.60489
LYD 5.458091
MAD 9.265955
MDL 17.042585
MGA 4492.856402
MKD 53.206947
MMK 2099.464216
MNT 3582.836755
MOP 8.007472
MRU 39.595594
MUR 45.910378
MVR 15.405039
MWK 1733.369658
MXN 18.44605
MYR 4.176039
MZN 63.950377
NAD 17.315148
NGN 1436.000344
NIO 36.782862
NOK 10.153804
NPR 141.758018
NZD 1.777162
OMR 0.38142
PAB 0.999671
PEN 3.37342
PGK 4.220486
PHP 58.805504
PKR 282.656184
PLN 3.665615
PYG 7072.77311
QAR 3.643196
RON 4.398804
RSD 102.170373
RUB 80.869377
RWF 1452.42265
SAR 3.750713
SBD 8.230592
SCR 13.652393
SDG 600.503676
SEK 9.528504
SGD 1.301038
SHP 0.750259
SLE 23.203667
SLL 20969.499529
SOS 571.228422
SRD 38.599038
STD 20697.981008
STN 21.189281
SVC 8.746265
SYP 11056.879504
SZL 17.321588
THB 32.395038
TJS 9.226139
TMT 3.51
TND 2.954772
TOP 2.342104
TRY 42.211304
TTD 6.77604
TWD 30.981804
TZS 2455.000335
UAH 41.915651
UGX 3498.408635
UYU 39.809213
UZS 12055.19496
VES 228.194038
VND 26310
VUV 122.189231
WST 2.820904
XAF 567.301896
XAG 0.020685
XAU 0.00025
XCD 2.70255
XCG 1.801521
XDR 0.707015
XOF 567.306803
XPF 103.14423
YER 238.503589
ZAR 17.29905
ZMK 9001.203584
ZMW 22.615629
ZWL 321.999592
  • SCS

    0.0000

    15.76

    0%

  • VOD

    0.2400

    11.58

    +2.07%

  • NGG

    1.4600

    77.75

    +1.88%

  • GSK

    -0.4700

    46.63

    -1.01%

  • RBGPF

    -0.7800

    75.22

    -1.04%

  • RELX

    -1.1200

    42.27

    -2.65%

  • BTI

    0.3800

    54.59

    +0.7%

  • CMSC

    0.0700

    23.85

    +0.29%

  • RIO

    0.0600

    69.33

    +0.09%

  • RYCEF

    0.0800

    14.88

    +0.54%

  • CMSD

    0.0900

    24.1

    +0.37%

  • JRI

    -0.0100

    13.74

    -0.07%

  • BCC

    -0.0900

    70.64

    -0.13%

  • BCE

    0.0200

    23.19

    +0.09%

  • AZN

    0.8100

    84.58

    +0.96%

  • BP

    0.7600

    36.58

    +2.08%

France pushes forward with plan to speed up renewables
France pushes forward with plan to speed up renewables / Photo: © AFP

France pushes forward with plan to speed up renewables

French MPs on Tuesday moved ahead with a law to accelerate the deployment of renewable energy, as the country's nuclear plants suffer a maintenance crisis and Russia's invasion of Ukraine drives up energy costs.

Text size:

Having secured rare support from the left, President Emmanuel Macron's minority administration is now a step closer to lowering hurdles to building new solar and wind plants -- including massive offshore wind farms.

Macron has set a target of building 50 offshore plants by 2050, up from one today, to generate 40 gigawatts of electricity.

And he wants to multiply solar capacity by 10, to top 100 gigawatts.

Taking part in the bill's first reading with paper slips after a technical error affected the electronic voting system, 286 MPs backed the draft law with 238 against.

Agnes Pannier-Runacher, minister for energy transition in Macron's government, told AFP she welcomed the "responsible positions" taken by the Socialists and a small independent party who supported the move.

Just 19.3 percent of France's energy consumption is sourced from renewables, short of the 23-percent objective Macron's government set in 2020 and only slightly ahead of coal- and gas-intensive neighbour Germany.

Russia's invasion of Ukraine at the same time as the nuclear power crisis has upped the pressure to boost alternative sources of energy.

Scheduled maintenance and corrosion problems have left 14 of France's 56 reactors still offline.

Tuesday's draft law will now be subject to compromise talks between MPs and senators -- with the upper chamber fiercely defensive of mayors' rights to have a say in local projects.

In an initial compromise with the Senate, the government has promised to allow mayors to define "acceleration zones" where renewables can be built more easily.

But the left fears that too many concessions could let local officials veto projects.

"No one will be able to jam up the system," a source close to Pannier-Runacher told AFP ahead of the vote.

The draft law includes provisions allowing projects to be forced through based on "pressing needs of major public interest".

With no majority in parliament, the government wooed the Greens and Socialists in advance of Tuesday's vote to move the bill closer to becoming law.

They secured an abstention from the ecologists and reluctant backing from the centre-left to get over the line.

"Sometimes you have to cooperate in the name of the public interest and the environmental crisis," Socialist MP Dominique Potier said, hailing "major advances" from his party's amendments.

Meanwhile Greens chief Marine Tondelier said "this isn't a definitive abstention" but "we're expecting better" from the final bill.

Their partners in the broad left-wing NUPES coalition against Macron, the Communists and hard-left France Unbowed (LFI) party, opposed the new law for its market focus.

On parliament's right, the conservative Republicans and far-right National Rally (RN) both oppose easing the construction of renewables.

Wind turbines "destroy our landscapes" and "set your eyes and your brain spinning", RN lawmaker Pierre Meurin said ahead of the vote.

O.Tse--ThChM