France energy report

• France plans to spend €7.2bn by 2030 to support hydrogen production.
• The country intends to achieve net zero carbon emissions by 2050.
• CO₂-energy related emissions increased by 11% in 2021.
• EDF dominates the power market (75% of production and 56% of sales).
• Engie's share in the gas market is shrinking but its share in the power market is growing.
• TotalEnergies is the third actor on the electricity and gas markets.
• Carbon free sources supplied 92% of the power mix in 2021, including 68% of nuclear.
• The increase in electricity prices was capped at 4% in 2022.
• Total energy consumption rebounded by 7% in 2021 after a 10% decline in 2020.
• Nuclear dominates the energy mix (42% in 2021).
• Coal consumption has dropped by almost 40% since 2013 due to power plant shutdowns.
• Wind and solar capacities are expected to double by 2028.
• The country relaunched its nuclear program, with the possible construction of at least 6 new EPRs.
• Six interconnection projects totaling 7.5 GW, of which one under construction (1 GW) are under development.

• Institutions & Energy Policy

  The General Directorate for Energy and Climate (DGEC) of the Ministry for the Ecological Transition (MET) is responsible for the development and implementation of France's energy policy.

  The Energy Regulation Commission (CRE) regulates the electricity and gas markets.

• Energy Supply

  Resources:

  France has depleted its natural gas and oil reserves. Coal reserves are low and have high extraction costs, and hydroelectric sources are already heavily exploited. However, its subsoil is estimated to be rich in shale gas, with resources believed to represent one third of the total European shale gas resources.

• Energy Prices

  Electricity:

  A reduced VAT rate of 5.5% is applied on the subscription part of households' electricity bills. Energy accounts for 34% of the regulated electricity price, followed by network fees (34%) and taxes (32%).

  In 2021, electricity prices for industry increased by 5.5% to reach €11.5c/kWh (+4% in 2020). Prices for households remained stable and reached €19c/kWh (+6% in 2020).

• Energy Consumption

  Consumption per capita stood at 3.5 toe in 2021 and is around 25% above the EU average. Electricity consumption per capita is 21% higher than the EU average due to the high penetration of electric heating (6 584 kWh in 2021).

  Graph: CONSUMPTION TRENDS BY ENERGY SOURCE (Mtoe)

  

• Issues & Prospects

  According to the revised PPE (2020), total energy consumption of fossil fuels in the reference case is planned to decrease by 35% by 2030, compared to 2012, with a reduction in consumption of 80% for coal, 34% for oil, and 22% for gas. Final energy consumption is planned to shrink by 16.5% in 2028 (relative to 2012).

• GENERAL OVERVIEW
• INSTITUTIONS AND ENERGY POLICY
• ENERGY SUPPLY
• ENERGY PRICES
• ENERGY CONSUMPTION
• ISSUES AND PROSPECTS
• DATA TABLES
• ABBREVIATIONS
• GLOSSARY

Download the Table of Contents

Below is a list of the France energy market report graphs:

• GRAPH 1: CO₂-energy emissions (MtCO₂)
• GRAPH 2: Installed electric capacity by source (2021, %)
• GRAPH 3: Gross power production by source (TWh)
• GRAPH 4: Power generation by source (2021, %)
• GRAPH 5: Gasoline & diesel prices (€/l)
• GRAPH 6: Electricity prices for industry and households (€c/kWh)
• GRAPH 7: Gas prices for industry and households (€c/kWh GCV)
• GRAPH 8: Consumption trends by energy source (Mtoe)
• GRAPH 9: Total consumption market share by energy (2021, %)
• GRAPH 10: Final consumption market share by sector (2021, %)
• GRAPH 11: Oil consumption (Mt)
• GRAPH 12: Oil consumption breakdown by sector (2021, %)
• GRAPH 13: Electricity consumption (TWh)
• GRAPH 14: Electricity consumption breakdown by sector (2021, %)
• GRAPH 15: Natural gas consumption (bcm)
• GRAPH 16: Gas consumption breakdown by sector (2021, %)
• GRAPH 17: Coal consumption (Mt)
• GRAPH 18: Coal consumption breakdown by sector (2021, %)

In the France energy market report you will find the following tables:

• Economic Indicators: Annual historical data including population, GDP growth, imports and exports, inflation rate, energy security and efficiency indicators, CO₂ emissions.
• Supply Indicators: Historical data including oil and gas reserves, electric and refining capacity, energy production, power production and external trade. All are detailed by energy source.
• Demand Indicators: Historical data including consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source and sector, and electricity consumption by sector.
• Energy Balances: Single table displaying the overall energy industry balance per annum, also graphically displayed by energy sub-segment.
• Infrastructure Projects: Covers power plant projects by energy, technology, status and operator, gas plant projects by status and operator and LNG contracts.

The France country dashboards are complemented with country forecasts from EnerFuture (excel file) with scenario comparison.

Data included in the excelsheet:

• Demand: Primary energy consumption, final energy consumption, by fuel, by sector.
• Power: Electricity generation & capacities, by technology.
• CO₂: Total CO₂ emissions.
• Macro-economy: Main macro-economic assumptions.
• Key indicators: Energy intensity, share of renewables, CO₂ emissions per capita and per unit of GDP.