France, 240 million euro energy plan - Aims to reduce dependence on fossil fuels
The French government aims to reduce its dependence on fossil fuels from 60 percent to 40 percent by 2030. According to analysts, France is uniquely positioned to lead the continent’s supply of abundant low-carbon electricity, a consolidated nuclear fleet and vast renewable potential, particularly in offshore wind and solar power.
Earlier this year, France announced it was targeting 60 percent of its electricity consumption by 2030, with six new nuclear reactors and a mix of renewables spearheading the initiative. This
week, state-owned energy firm Électricité de France (EDF Group) unveiled a €240 million investment to support France’s electrification. It has earmarked €30 million in purchase subsidies for transport operators converting diesel trucks to electric heavy goods vehicles, with the average subsidy being €15,000 per truck.
A further €50 million will be allocated to installing 180 charging stations for long-distance electric trucks across mainland France over the next three years.
€80 million will be dedicated to supporting projects to install new electricity-consuming industries in France. EDF says it will also offer “ready-to-use sites with grid connections” to shorten industrial installation timelines. This means that instead of waiting years for approvals to connect to the grid, companies will be able to start operating much more quickly.
The support fund will also provide a flat-rate grant of €1,000 (combined with existing schemes) to 80,000 low-income households for the installation of a heat pump to replace gas or oil boilers.
In 2024, almost half (47.5 percent) of the EU’s electricity came from renewable sources, up 2.1 percentage points from the previous year. According to Eurostat data, Austria led the way, generating 90.1 percent of the electricity consumed from renewable sources. It was followed by Sweden (88.1 percent) and Denmark (79.7 percent).
France recorded just 31.3 percent of renewables in 2024 – ranking below its neighbor, Spain (59.7 percent). The country remains loyal to nuclear power, from which it derives around 67 percent of its energy mix.
"IMF financial support will increase" - Georgieva: We expect requests of up to $50 billion as a result of the war
The head of the International Monetary Fund, Kristalina Georgieva, said that the global lender expects short-term demand for financial support from the IMF......
Taxes to correct business mistakes - Recommendation/ To be relieved when registering for tax liability that is not theirs
A new recommendation aims to improve tax procedures for cases where newly registered taxpayers are mistakenly included in tax liabilities that do not belong......
Deliberate damage to Milot Bridge, ARRSH: Traffic continues normally
Just a few days after it was reconstructed and opened to traffic, the Milot Bridge has fallen prey to thieves who attempted to rob the metal side joints of......
"Affordable Housing", Rama: Special Fund and Zero-Interest Loans
Zero-interest loans and the establishment of a national housing fund. These are the solutions that the government seeks to provide to address what Prime......
Changes to the money laundering law, Minister Malaj: Strengthening the integrity of our financial system
The Parliament today approved amendments to the law “On the Prevention of Money Laundering and Financing of Terrorism”. In presenting the amendments,......
Expansion of the Tirana - Durrës, Karakaçi axis: New lanes open in the first week of May
The expanded Tirana-Durres highway will open to traffic within the first week of May. The Minister of Infrastructure and Energy, Enea Karakaçi, has inspected......
"Construction transformed the country" - Rama and Ibrahimaj, meeting with sector representatives: It has boosted the economy
Construction is the sector that transformed the country. This is what Prime Minister Edi Rama said in a meeting with entrepreneurs in the construction......
Energy self-producers are increasing - ERE: 1,135 clients were added in 2025, 27.96% more than a year ago
The number of consumers who are producing their own electricity for their needs has continued to increase during 2025. Data published in the annual report of......
