President-elect François Hollande pledges commitment to renewables industry

Socialist François Hollande has been elected as President of France.  Although dubbed “Mr Normal”, he has promised a 25% reduction in nuclear facilities by 2020, an investment in alternative energy generation and improving energy efficiency.


In a speech earlier this year, the President-elect said nuclear power would remain an important component of France’s energy consumption, but all facilities were sorely in need of inspection. Bloomberg has reported that Hollande asserted his government would decommission EDF’s oldest reactor in a bid to boost alternative energy generation.

Maries-Hélène Aubert, representing President Hollande said this week,

“As for photovoltaics, we are well aware that the French industry has considerably suffered from the moratorium that was implemented in October 2010 over the feed-in tariffs, which has led to the loss of more than 10,000 jobs in 2011 in this burgeoning industry.

“We want to put the situation right – create a regulatory, legal and fiscal framework which is stable and visible for the short to medium term, so that the photovoltaic and renewable energy industry will be able to take off again and be resolutely sustained in the long-term by local authorities”.