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According to the French energy regulator, France is likely to continue increasing the installed capacity of renewable energy to curb consumers' electricity costs while ensuring that government policies support electricity demand. The French Energy Regulatory Commission said that the additional subsidy costs paid by the government for solar and wind energy projects will not exceed the benefits consumers receive from lower market electricity prices in the short term. CRE said that the solar and wind farms promoted since 2020 saved French users about 8 billion euros in electricity costs last year, while the total amount of government subsidies to renewable energy producers during the same period was 6.2 billion euros.
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According to the French energy regulator, France is likely to continue increasing the installed capacity of renewable energy to curb consumers' electricity costs while ensuring that government policies support electricity demand. The French Energy Regulatory Commission said that the additional subsidy costs paid by the government for solar and wind energy projects will not exceed the benefits consumers receive from lower market electricity prices in the short term. CRE said that the solar and wind farms promoted since 2020 saved French users about 8 billion euros in electricity costs last year, while the total amount of government subsidies to renewable energy producers during the same period was 6.2 billion euros.
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