|Policy status:||In Force|
|Policy Type:||Economic Instruments>Direct investment>Infrastructure investments, Economic Instruments>Fiscal/financial incentives>Grants and subsidies|
|Renewable Energy Policy Targets:||Multiple RE Sources, Power, Multiple RE Sources|
|Size of Plant Targeted:||Small|
|Funding:||Eur 15 million annually|
|Renewable Energy Description:|
Since 1995, this programme has made available a special budget for the electrification of isolated sites. Within this budget, the financing of RE installations, especially in overseas departments, is also possible. The major objective being to avoid the high costs of installing grids in remote areas. The annual budget for FACE is about EUR 15 million, and the majority of funds are spent on PV systems in rural areas, and aim to reduce either grid extensions or grid strengthening, via reducing peak demand or increasing stand-alone generation capacity. Funds from this programme with funds from ADEME cover up to 95% of costs for electricity producing photovoltaic installations which are not connected to the public grid. For grid-connected installations, support will be up to 4,6 euros/Wp.
As of 2016 this policy is still in force and in practice focuses on electrification of remote and isolated areas.
Last modified: Fri, 20 Jan 2017 15:17:39 CET