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France energy report
- The country targets a share of 41% of renewable in the final energy consumption.
- France is halfway to its target of halving GHG emissions in 2030 compared to 1990 levels.
- The government took full ownership of EDF in 2023.
- EDF and Engie remain the dominant players on the power and gas markets (60% of power sales for EDF and 40% of gas sales for Engie).
- Power production rebounded by 11%, after a 14% fall in 2022 due to the unavailability of several nuclear units.
- 1 GW of offshore wind was commissioned in 2024.
- The share of LNG in gas imports reached 60% in 2023.
- Electricity prices have more than doubled for industry since 2020, while they have only increased by 25% for households, thanks to tariff caps and tax cuts.
- Energy prices in France remain lower than the EU average.
- The share of nuclear in the energy mix rebounded by 6 points in 2023 to 42%.
- The final energy consumption at normal climate has decreased by 3%/year since 2021.
- Wind and solar capacities are expected to double by 2028.
- Five interconnection projects totalling 6.5 GW are under development.