2014-01-25 17:47:26 - Fast Market Research recommends "France Power Report Q1 2014" from Business Monitor International, now available
The government is taking steps to reduce France's dependence upon nuclear power, and by end-2014, it is expected to adopt a law to determine how to do this. This follows on from President Hollande's electoral promise to curb the use of nuclear power. But non-government bodies, such as the Renewable Energy Syndicate, believe that the government is not moving fast enough to meet its target - that 50% of electricity is generated by non-nuclear sources in 2020. So what are the alternatives to nuclear power? Investors are turning away from gas - hydraulic fracturing for shale gas is off the agenda, and problems with LNG supply from Algeria in late 2013, and rising coal imports limit the opportunities here. Whether
or not renewable energy can take advantage of the opportunities for investment remains to be seen.
Full Report Details at
BMI estimates that French power generation in 2012 climbed to 538.7 terawatt hours (TWh), representing year-on-year (y-o-y) growth of 1.5%. Overall thermal generation climbed by an estimated 0.7% y-oy, while hydroelectric generation is estimated to have increased by 13.6%. BMI estimates that the use of non-hydro renewables grew by 7.1% in 2012.
Key trends and developments in the French electricity market:
* The French government agreed to the introduction of a carbon tax from January 2014. The government aims to raise EUR4bn from the tax by 2016.
* The ban on hydraulic fracturing for shale gas continues in place. In October 2013, a constitutional court ruled that the ban on fracking continues in place, despite gas companies' protests.
* Regulators are currently considering plans for an electricity interconnection between the UK and France. Dubbed ElecLink, the 1,000MW link will come into operation in 2016, if approved.
Report Table of Contents:
The table of contents for this report is available upon request.
About Business Monitor International
Business Monitor International (BMI) offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities, across 175 markets. BMI offers three main areas of expertise: Country Risk BMI's country risk and macroeconomic forecast portfolio includes weekly financial market reports, monthly regional Monitors, and in-depth quarterly Business Forecast Reports. Industry Analysis BMI covers a total of 17 industry verticals through a portfolio of services, including in-depth quarterly Country Forecast Reports. View more research from Business Monitor International at www.fastmr.com/catalog/publishers.aspx?pubid=1010
About Fast Market Research
Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.
For more information about these or related research reports, please visit our website at www.fastmr.com
or call us at 1.800.844.8156.