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France mulls guarantees to improve industry access to PPAs

Electricity

23 Aug 2021 10:38

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23 Aug 2021 10:38

(Montel) The French government is mulling plans to help heavy energy users sign power purchase agreements (PPA) by offering guarantees to renewable producers, according to a lawyer involved with the project.

“We hope the state will be able to present a draft bill in the autumn to establish a guarantee fund by the end of the year,” Sylvie Perrin, partner at French firm De Gaulle Fleurance & Partners and head of Green Platform, a lobby group aimed at energy transition professionals, told Montel.

French energy ministry officials had met industrial consumers, financial institutions and unions several times this…

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