EU Approves France’s €63 Billion Offshore Wind Plan
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Commission approves French State aid to support offshore wind energy - The European Sting - Critical News & Insights on European Politics, Economy, Foreign Affairs, Business & Technology - europeansting.com European Union News
(Credit: Unsplash) This article is brought to you in association with the European Commission. The European Commission has approved a €63 billion French scheme to support offshore wind energy in line with the objectives of the Clean Industrial Deal. This measure will contribute to the transition towards a net-zero economy. The scheme was approved under the Clean Industrial Deal State Aid Framework (CISAF) adopted by the Commission on 25 June 202…
EU Approves France’s €63 Billion Offshore Wind Plan
The European Commission announced that it has approved a €63 billion state aid program by France to support the construction of offshore wind projects over 25 years, aimed at contributing towards the transition towards a net zero economy and aligning with the objectives of the EU’s Clean Industrial Deal. The French program will support the […]
Read the full article on stephaneLarue.com The European Commission has approved an aid scheme of €63 billion over 25 years to finance eleven offshore wind farms on the French coast.
On Monday 13 July, the European Commission approved a EUR 63 billion aid scheme for wind farms at sea in France. The scheme, spread over 25 years, is to finance the construction of 11 offshore wind farms.
The European Commission (EC) has given the green light for France to grant up to 63 billion euros in state aid for the construction and operation of eleven offshore wind farms in the Mediterranean, the Atlantic and the North Sea over the next twenty-five years. Brussels has approved the French measure under the new State Aid Framework of the Clean Industry Pact, adopted in 2025, after concluding that it is "necessary, appropriate and proportiona…
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