The new French support scheme for renewable electricity production replaces the previous auction schemes (2016-20) for the period 2021-2026.
The measure includes seven types of tenders for a total of 34 GW of new renewables capacity that will be organised between 2021 and 2026:
(i) solar on the ground (2 rounds per year of 925MW each),
(ii) solar on buildings (3 rounds per year of 300MW each),
(iii) onshore wind (2 rounds per year of 925MW each),
(iv) hydroelectric installations (1 round of 35MW per year),
(v) innovative solar (1 round of 140MW per year),
(vi) self-consumption (3 rounds of 50MW each per year) and
(vii) a technology-neutral tender (1 round of 500MW per year).
The support takes the form of a premium on top of the electricity market price. The measure has a provisional total budget of around €30.5 billion. The scheme is open until 2026 and aid can be paid out for a maximum period of 20 years after the new renewable installation is connected to the grid.
The measure aims at helping France progess towards its renewable energy targets without unduly distorting competition and is expected to contribute to the European objective of achieving climate neutrality by 2050.