France Introduces Ambitious Energy Saving Goal
France has set ambitious energy saving targets in its new energy transition and green growth law (Loi n° 2015-992) passed by France’s lower chamber on 17 August. The law aims to cut the energy consumption of private homes in order to attain a 330-kilowatt hours per oil equivalent (by m2 per year) in 2030. The energy transition law sets targets to reduce greenhouse gas emissions by 40% by 2030 on 1990 levels and to increase the share of renewables in the energy mix to 32% by 2030. To achieve this, renewable energy will have to cover 40% of electricity production.
France’s lower house of parliament also voted to slash national energy consumption by half by 2050 and to curb the share of nuclear energy in France’s electricity production from 70% to 50% by 2025.
The Senate will review the bill in the coming months before it will go back to the lower house for a final vote expected in fall.