FRANCE / Publication of the energy balance sheet for 2016

Even if the rate of energy independence of mainland France was down by 2 points in 2016, it still remained at a historically high level. With temperatures on the whole milder in 2016 than in 2015, the drop in primary energy consumption adjusted for climatic variations came to 3.2 %. – a figure that can be explained in part by the reduction in the transformation losses (lined to the nuclear production) and the drop in the end-use consumption.



FRANCE / Publication of the energy balance sheet for 2016
Even if the rate of energy independence of mainland France was down by 2 points in 2016, it still remained at a historically high level. With temperatures on the whole milder in 2016 than in 2015, the drop in primary energy consumption adjusted for climatic variations came to 3.2 %. – a figure that can be explained in part by the reduction in the transformation losses (lined to the nuclear production) and the drop in the end-use consumption. This consumption, which was stable in 2016 for transport, was down slightly in the residential sector and more marked in industry and the tertiary sector. Concretely speaking for the French households, the energy bill remained stable thanks to the slowing down in the price of electricity and the drop in the price of gas and petroleum products.

(Source: website of the Ministry of Ecological and Solidarity-Based Transition)

 

FRANCE / Publication of the SER’s energy scenarios for 2030
On the eve of the revising of the PPE (multi-annual energy programming), the SER (Union of Renewable Energies) delivers its scenarios sector by sector for 2030. According to the SER, the targets set by the Energy Transition for Green Growth Act are realistic, but they can even be exceeded with a « determined political will ». Thus, whereas the Energy Transition Act is banking on attaining 32 % of renewable energies, the SER thinks that it is perfectly possible to attain 38 % by 2030 by taking into account just the production and not the drop in consumption initiated. In addition to the increase in renewable energies for electricity (50 %) and transport (15 %), the Union of Renewable Energies is banking on an increase in renewable gas. The latter could cover up to 30 % of the French consumption of gas as against the 10 % provided for by the Act. This figure is possible thanks in particular to the strong determination of the agricultural world to develop methanation. For all that, France only achieved in 2016 two-thirds of the target set for 2020. And although progress is real, it is still far from adequate according to the Chairman of the SER. The revising of the PPE must therefore set ambitious targets for 2023 and 2028.
(Source: Environnement-magazine.fr)

 

 

SWITZERLAND / Launch of a green crowdfunding platform

This is a new kind of crowdfunding platform which saw the light of day in Lausanne, in Switzerland, at the beginning of December. Focused on energy transition, the platform greencrowdfunder.com offers the public the possibility of funding, through a loan or a shareholding, swiss or foreign firms’s projects focused on green energies with a big growth and return on investment potential. Established by Pierre Biraben, a former asset manager in Switzerland and Alan Tawil-Kummerman, an investor and entrepreneur in the digital sector, the platform is already supporting its first project BT Sun, leaded by a swiss company which proposes integrated programmes for production, management of maintenance and sale of solar electricity to the grid - an initial green project for a platform that is truly out of the ordinary.

(Source: Bilan.ch)

 

 

INTERNATIONAL / Announcements at the « One Planet Summit »

One month after COP 23, Emmanuel Macron brought together the economic and financial players in Paris on 11 December last at the « One Planet Summit ». This summit was the opportunity to announce several commitments to fight global warming. These commitments will soon be available on a dedicated website. Among the significant announcements at this summit:

 

  • The World Bank announced that it would cease financing the exploration and exploitation of oil and gas after 2019. It is the first multilateral development bank to make such a commitment. For its part, Axa is to stop insuring and investing in any company engaged in the building of coal-fired power stations.
  • The Bill Gates Foundation, the European Commission and countries such as France, have launched a 650 million dollar (approximately 553 million euros) funding programme for agricultural adaptation, in particular in African countries.
  • 237 companies gave a commitment at this summit to making greater allowance for the climate risk in their business activities. Among these are 20 of the biggest banks and 80 % of asset managers such as HSBC or the insurer AXA. Over 200 big investors including HSBC and the biggest US public pension fund (CalPERS) have decided to put pressure on 100 of the biggest polluters so that these firms improve their governance of climate change and reduce their emissions…

Another important announcement: the launch of a « Paris Collaborative on Green Budgeting » initiative aimed to draw up methodologies for “greener” national budgeting.

(Source: environnement-magazine.fr)

Back to the European Energy Transition Conference website