Tag: france

France back EU stance on Nord Stream 2

France back EU stance on Nord Stream 2

Efforts from Brussels to regulate the Russian led Nord Stream 2 gas project have been bolstered by support from the French for proposed EU energy rules on the pipeline, despite German opposition. Although the proposal does not have the leverage to stop the pipeline, it could restructure the operation and […]

Britain, France and Germany create mechanism for Iranian trade

Britain, France and Germany create mechanism for Iranian trade

Britain, France and Germany have launched a European mechanism that allows the countries to trade with Iran, circumventing the US sanctions imposed on the Middle Eastern nation. America’s biggest European allies were strongly opposed to US President Donald Trump’s decision to abandon the 2015 Iranian nuclear deal, which saw sanctions […]

Total launches biggest exploration drive in years

Total launches biggest exploration drive in years

Total is set to launch its biggest oil exploration campaign for several years in 2019, as part of its plan to shift focus to areas known to contain commercial levels of oil or gas. The French oil giant has announced plans to drill 23 wells this year off the coast […]

UK energy security under threat following Hitachi decision

UK energy security under threat following Hitachi decision

Hitachi’s decision to suspend work on the Wylfa nuclear power plant has heightened concerns over energy security in the UK, as government looks to reduce its use of reliable energy sources. The UK’s programme of nuclear construction, which was set to contribute a significant proportion of British power in the […]

French grid calls for restart of coal plants

French grid calls for restart of coal plants

French electricity grid operator RTE called for EDF to recommence operations at its Cordemais coal power plants following a strike, as cold weather closes in on Europe. Workers at the state-owned power plant went on strike on 11 January to protest against the government’s plans to phase out coal power […]

France extends state guarantees for Russian LNG projects

France extends state guarantees for Russian LNG projects

France is set to extend its guarantees for Russian LNG projects Yamal LNG and Artic LNG 2 projects, according to French Economy Minister Bruno Le Maire. Following a meeting with his Russian counterpart Maxim Oreshkin, Le Maire said France would also provide longer terms for loan repayment to the projects. […]

France to cut renewable growth

France to cut renewable growth

The French Government will drastically reduce the growth of its renewable spending in 2019, with the ecology ministry’s draft budget showing a 1.3% rise, which will effectively be flat after inflation. Total spending on renewable projects will equate to €7.3 billion and will mostly go towards wind and solar schemes. […]

Uniper question French market over coal exit

Uniper question French market over coal exit

German energy giant Uniper has warned that it would be forced to review its French business model if the country continues plans to close its coal fired power plants. “If the government simply pushes the idea of a coal exit through without consensus with the companies we need to rethink […]