France Renewables Report Q1 2013

BMI View: We have revised down our 2013 growth forecast for non-hydropower renewable energy
generation due to the possibility for delays in wind projects and tougher operating for wind energy
producers. We have also revised down our long term forecast because of the lack of progress in the
country’s ambitious offshore wind energy plans and the government’s renewable energy agenda. We also
believe that France might not be able to undertake the grid investments necessary to increase the share of
renewables in the country’s energy mix.
We have revised down our 2013 forecast of non-hydropower renewable energy generation growth from
11.6% to 8.6%. This was brought about mainly by a downward revision in our wind generation growth
forecast from 12.6% to 7.2%, due to the scope for delays in wind projects. According to several industry
sources, it currently takes eight years for a wind project to be completed due to a high level of
government bureaucracy, in contrast to the two years needed in Germany.
For the long term, we have revised down our average non-hydropower renewable generation growth
forecast from 8.6% to 7.1% per annum between 2013 and 2021. This is due to the tougher conditions for
wind energy producers mentioned above, the continued stagnation of the country’s offshore plans, and a
lack of progress made by the government on its renewables agenda.
Here are the key trends and regulatory changes in the industry:
?? The elections held on May 06 2012 saw François Hollande, who has a markedly different stance
from the previous incumbent Nicolas Sarkozy on the France’s energy policy, take the
presidency. Hollande has vowed to reduce France’s dependence on nuclear power from 75% to
50% by 2025, and has stated that he would seek to increase the share of renewable energy during
his term.
?? The Eurozone debt crisis continues to loom over France, and unemployment in the country
stands at a 13-year high of 10%. The government is also facing difficulty in keeping its debt
situation in check, and these macroeconomic forces will hinder development of the sector.
?? The first round of offshore wind tenders was completed in April 2012. The tender comprised of
four sites along the country’s North coast with a total capacity of 1.9GW. A consortium led by
French utility EDF won three of the four sites totaling 1.4GW of capacity. The remaining site
with a capacity of 0.5GW was awarded to a consortium led by Spanish utility Iberdrola.
?? The French Energy And Ecology Minister, Delphine Batho, announced that 214 solar projects
with a total capacity of 541MW were approved in two tenders over the last year. This strong
growth comes despite continued cuts to solar FiTs.

France Renewables Report Q1 2013

BMI View .. 5
SWOT Analysis ..... 6
France Renewables SWOT............. 6
Industry Forecast Scenario ............. 7
Table: France Total Electricity Generation Data And Forecasts, 2010 - 2017 ... 7
Table: France Total Electricity Generation Long Term Forecasts, 2014 - 2021 9
Table: France Electricity Generating Capacity Data And Forecasts, 2010 - 2017 ......... 11
Table: France Electricity Generating Capacity Long Term Forecasts, 2014 - 2021 ....... 12
Renewables Projects Database ......... 18
Table: France Major Projects - Renewables ........... 18
Sustainable Energy Policy and Infrastructure ........ 19
Targets (Renewables and Emissions) ......... 19
Subsidies .......... 19
Table: Renewable Feed-In Tariffs In France, Tarif d'achat 2011 ........ 19
Infrastructure ... 20
Ratings .. 21
France Renewables Risk/Reward Ratings .. 21
Competitive Landscape ... 22
Electricité De France (EdF) ........ 22
GDF Suez......... 22
Alstom 23
Areva . 23
Glossary of Terms ............ 24
Table: Glossary of Terms ............. 24
Methodology and Sources ............ 25
Industry Forecasts ......... 25
Renewables Industry - Data Methodology ...... 26
Generation Data ............ 26
Electricity Generation Capacity Data ........ 26
Power Risk/Reward Ratings Methodology ...... 27
Table: Power Risk/Reward Indicators ....... 29
Sources ............ 30Table: France Total Electricity Generation Data And Forecasts, 2010 - 2017
Table: France Total Electricity Generation Long Term Forecasts, 2014 - 2021
Table: France Electricity Generating Capacity Data And Forecasts, 2010 - 2017
Table: France Electricity Generating Capacity Long Term Forecasts, 2014 - 2021
Table: France Major Projects - Renewables
Table: Renewable Feed-In Tariffs In France, Tarif d'achat 2011
Table: Glossary of Terms
Table: Power Risk/Reward Indicators

• Most Effective Treatments For Diabetes
  Diabetes is a chronic metabolic disease leading to high blood sugar because or troubled insulin secretion. There are two types of diabetes – type 1 and type 2. Type 1 or juvenile diabetes causes when the body fails to produce enough insulin. Type 2 on the other hand causes when the body cells have lower [...]
• Importance of Educational Books Publishing
  Education plays a crucial role in overall development of a person and the entire society. Students across the globe and various educational levels depend on study material. Whether they are textbooks, reference books or workbooks, they are in a constant need for systematic educational books. Educational book publishing is a versatile crucial branch of book [...]
• How to Treat Arthritis Effectively ?
  The word arthritis stands for inflammation of joints. It is an umbrella term for over 100 diseases that cause pain, discomfort, disability and several other symptoms amongst individuals. Osteoarthritis is one of the most common types of arthritis, which affects elderly. Several other forms of this disease may affect individuals at a very young age [...]
• Benefits of Set top Boxes Amidst the Wave of Digitization
  A set top unit or box is a useful device that provides content through television sets. Set top box is a term that refers to a device, which is used for broadcasting the content. It is different from the devices that help simple recording of media, such as DVDs. Cable operators and satellite companies provide [...]
• What are the Treatments for Alzheimer’s Disease ?
  Alzheimer’s disease is one of the most common types of dementia. Dementia is the condition defined by significant loss of global cognitive ability in a healthy person. This loss is beyond the normal aging process and it only worsens with the age. Alzheimer’s disease is a serious mental health condition and a progressive brain disease [...]

• Foresight 2020: Network Development in a Multi-Channel World

London, May 24th, 2013 – As the costs of branch banking increased in the 80s and 90s, banks attempted to reduce costs by reliance on centers, mobile and online channels to lower costs and improve service. The digitization of banks …

• Italy Healthcare Industry Regulatory and Reimbursement Landscape

The Italian Pharmaceutical Market has Declined in Value Terms Due to the Introduction of Price Cuts and Increasing Focus on the Usage of Generic Drugs in Order to Rein in Ballooning Healthcare Expenditure   The pharmaceutical market (at the consumer …

• Men’s Health & Midlife Women Consumer Market Research Reports

RnRMarketResearch.com offers new market research reports on masculinity Vs health and midlife women embracing power and avoiding invisibility in global consumer markets.   “Masculinity Vs Health: Challenges and Opportunities” and “Midlife Women: Embracing Power and Avoiding Invisibility in Global Consumer …

• France Healthcare Market Regulatory and Reimbursement Landscape

France has a Mature Healthcare Market as it Offers Universal Public Access to Healthcare Facilities and Insurance. The Increasing Disease Burden and the Launch of New Products will Drive the Growth of the Pharmaceutical Market; however, Increasing Focus on Generics …

• Lebanon Cards and Payments Industry Worth 2.4 Million Cards By 2017

Between 2008 and 2012, Lebanon’s cards industry recorded a CAGR of 4.89% in terms of volume and the total number of cards increased from 1.6 million to 2.0 million. The industry has been forecasted to grow at a CAGR of …

Thailand Renewables Report Q3 2013

"...... to our longterm forecasts. That said, we still believe that the government is overly bullish in its target and forecasts for renewable energy. As such, we see room for improvement in regulatory conditions and the business environment for renewable e......"

Brazil Renewables Report Q3 2013

"...... generation. We have also revised up our medium-term forecasts based on the project pipeline, but have downgraded our long-term forecasts to account for a higher base and disappointing results in the 2012 power auctions. The 2012 auctions also rev......"

Taiwan Renewables Report Q3 2013

"......intained our long-term forecasts due to a lack of progress in one of the country's two main offshore wind energy projects. We maintain our forecast that non-hydropower renewable energy generation in Taiwan will grow by 4.9% y-o-y in 2013. Biomass ......"

Argentina Renewables Report Q3 2013

"......ear forecast period as financial barriers remain a key risk to the successful completion of projects. Furthermore, the generally unattractive business environment in Argentina is likely to stall the country's expansion plans. In an attempt to develop......"

Austria Renewables Report Q3 2013

"......ke further amendments to the country's regulatory policy framework in the near future. We have also maintained our long-term non-hydropower generation average growth forecast for the same reasons, and highlight strong private sector interest in solar......"