The French regulator CRE has approved the 2014 investment programme of RTE, France's power transmission network operator. RTE will invest €1,413m in 2014, i.e. 1.9% less than in 2013 (€1,440m).
Investment in the transport network and interconnection projects will reach €282.1m, i.e. €122.6m less than in 2013. The decrease is linked to the completion of the Baixas-Santa Llogaia interconnection with Spain (44% of this amount in 2014), and was not offset by other similar projects, as the Savoie-Piémont project start was delayed. RTE will invest in the optimisation of the Lyon-Montelimar network, and will also dedicate €44m to the renovation of the transport network and interconnections in 2014 (€58m in 2013).
RTE will invest €554m in regional networks in 2014, compared to €513m in 2013 (+7.9%), focusing on "upstream networks" (including improving electricity supply of large agglomerations and Vendée). €384m will be invested in the renovation of regional networks (€325m in 2013), with €238m invested in renewing lines and €146m in renewing substations.