• 5 minutes Covid-19 logarithmic growth
  • 8 minutes Why Trump Is Right to Re-Open the Economy
  • 12 minutes Charts of COVID-19 Fatality Rate by Age and Sex
  • 14 minutes China Takes Axe To Alternative Energy Funding, Slashing Subsidies For Solar And Wind
  • 2 hours Which producers will shut in first?
  • 39 mins What If ‘We’d Adopted A More Conventional Response To This Epidemic?’
  • 45 mins Its going to be an oil bloodbath
  • 6 hours The Most Annoying Person You Have Encountered During Lockdown
  • 3 hours Why should ANY oil company executive get ANY bonus now?
  • 11 hours Saudi Aramco struggling to raise money for this year's dividend of $75 billion. Now trying to sell their pipelines for $10 billion.
  • 11 hours How to Create a Pandemic
  • 15 hours KSA taking Missiles from ?
  • 17 hours Dr. Fauci is over rated.
  • 10 hours Russia's Rosneft Oil Company announces termination of its activity in Venezuela
  • 8 hours A New Solar-Panel Plant Could Have Capacity to Meet Half of Global Demand
  • 17 hours Breaking News - Strategic Strikes on Chinese Troll Farms
  • 17 hours CDC covid19 coverup?

Breaking News:

IEA: OPEC Can’t Save The Oil Market

Alt Text

The U.S. Is Ramping Up Its Wind Power Production

Wind power is increasing in…

Alt Text

Texas Has A New Favorite Energy Source

Texas, known world-wide for its…

Philippa Jones

Philippa Jones

Philippa is a writer for Environmental Finance.Environmental Finance is the leading global publication covering the ever-increasing impact of environmental issues on the lending, insurance, investment…

More Info

Premium Content

France Plans €10bn Wind Turbine Tender

The French government announced on Tuesday it will launch a tender next month to build 600 offshore wind turbines around the French coast at a cost of €10 billion ($12.7 billion).

The environment and energy ministry said the tender contracts would be for the installation of 3,000 megawatts (MW) of wind energy at around 10 different sites.

The first wind turbines resulting from this tender would not be expected to be up and running before 2015.

The government hopes to install a total of 6,000MW of offshore wind capacity by 2020, which would mean an investment of €15-20 billion.

The figures are based on costs of €3.5 million to build each megawatt of capacity.

According to the ministry, suitable zones are still being studied and no decision has been made about which will be included in the tenders. However, wind farms are expected to appear around the majority of the French coast from the waters of the Channel off Normandy to the seas of the Mediterranean in Languedoc-Roussillon.

 The French offshore wind potential is one of the best in Europe, but the country currently boasts no offshore wind parks.

 A previous offshore wind tender launched in 2004 by France was unsuccessful. There was only one successful bid, for 105MW, which is still held up in the planning process. The others were rejected for being too expensive or lacking local support.

By. Philippa Jones

Source: Environmental-Finance


Download The Free Oilprice App Today

Back to homepage






Leave a comment
  • Anonymous on August 30 2010 said:
    Now, let's see what we've got. France is the world champion where nuclear is concerned, but even so they ostensibly want 3000MW of wind capacity. I won't bother to go into the economics here, but President Sarkozy must be off his cork. Or maybe, just maybe, he is playing the same kind of game as the Chinese. They are installing any number of MW of wind and solar capacity, they say, but their energy future is strictly nuclear. Yes, that's it. The President is trying to increase his popularity with the know-nothings.

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News