Latest news
France’s antitrust body calls for a gradual phase out of regulated gas tariffs
French competition authority initiated a call that France should gradually scrap its regulated gas tariffs because of their negative impacts on competition and because they keep prices artificially high, hitting small domestic companies and households.
read more... 19/04/2013
France Geothermal Fracking Energy Polemics
France is pushing ahead with plans to exploit geothermal energy trapped in rocks deep in the earth using hydraulic drilling methods, a technique which was forbidden in 2011.
read more... 08/04/2013
EU bank to provide 500 million loan to France
The European Investment Bank has decided to grant a loan of about 500 million euro aiming to help finance upgrades to seven of France's high-voltage and very-high-voltage power grid projects through 2016, the funds will help guarantee the quality and security of France's electricity supply, and would allow the country to add new-generation and renewable sources to its grid counting also a major investment in renewable energy sources.
read more... 22/03/2013
Total sells 25% stake in Tempa Rossa oil field
France-based multinational oil and gas company Total, has decided to sell a 25 % stake in the Tempa Rossa oil field, which is situated in the Basilicata region of southern Italy, to Mitsui E&P Italia. Total, which has discovered the Tempa Rossa oil field in 1989, and has operated the concession since 2002, will remain operator of Tempa Rossa with a 50% stake.
read more... 20/03/2013
France has 4 GW of installed PV capacity
According to the Ministry of Energy, Ecology and Sustainable Development of the country, France registered a 39 % decrease of installations if compared to 2011, the country has added only 1.08 GW of new photovoltaic capacity with over 34,500 plants in 2012.
read more... 05/03/2013