French government considers new support for renewables

As the French energy industry convenes at a conference investigating the potential for renewable energy in the country, the national government is set to announce a review of its energy policy, according to Reuters.

France relies primarily on nuclear power for its electricity, more so than any other nation in the world. Meanwhile, renewable energy has faced difficulties in gaining a significant market share, despite efforts from the government to promote the technology in the form of feed-in tariffs.

Rapid over-investment in the solar industry and the continuing damages from the 2008 financial crisis led to a massive collapse in the renewable sector, spurring calls to protect the industry's now 100,000 jobs.

"There are businesses which are struggling and we can today save jobs," one government official told Reuters. "Our concern is the notion of ecological patriotism, which is to ensure that support to the sector actually translates into jobs in France."

However, Bloomberg notes that efforts are more focused on stabilizing the sector, as French President Francois Hollande imposed a cap on solar power installations last year.

The market for solar energy in France is detailed at PennEnergy's Research area.

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