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EU approves €10.82 billion investment in French offshore wind

Wednesday, July 10 2024

General – EU Investment

The European Commission has approved a €10.82 billion French scheme to support the deployment of offshore wind energy, which will help foster the transition towards a net-zero economy.

The scheme was approved under the State aid Temporary Crisis and Transition Framework (‘TCTF’) adopted by the Commission on 9 March 2023 and amended on 20 November 2023 and on 2 May 2024.

France notified to the Commission, under the TCTF, a €10.82 billion scheme to support renewable offshore wind energy to foster the transition towards a net-zero economy. The scheme will run for 20 years.

In particular, the measure will support the construction and operation of two bottom-fixed offshore wind farms: one in the South Atlantic zone and another in the Centre Manche 2 zone in Normandy.

The South Atlantic wind farm is expected to have a capacity of 1000 to 1200 MW and to generate at least 3,9 TWh of renewable electricity per year.

The Normandy wind farm is expected to have a capacity of 1400 to 1600 MW and to generate at least 6,1 TWh of renewable electricity per year.

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  3. China Energy expands cooperation with France’s EDF
  4. Dynamic cables pre-termination phase completed for Provence Grand FOW

Filed Under: European Commission, France, International projects Tagged With: European Commission, France

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