press release

Time for champagne: France to become Europe’s fourth-largest offshore wind producer in 2030

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France’s ambition to increase electricity production from renewable energy sources will make the country Europe’s fourth-largest offshore wind power producer in 2030, with 7.4 gigawatts (GW) of capacity in operation. The development is going full-steam ahead despite any potential cost or supply chain issues from Covid-19.

According to France’s updated energy doctrine, 8.75 GW of capacity will be made available through tenders from 2020 to 2028. The plan aims to lift awarded capacity to 12.4 GW by 2028.

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Rystad Energy estimates that France will be able to reach a total installed capacity of 7.4 GW by 2030, surpassing that of other well-established offshore wind countries such as Belgium and Denmark, which have 2030 targets of 4 GW and 5.3 GW, respectively. And with an additional 5 GW of capacity lined up for planned tender rounds in 2024 to 2028, France is expected to retain this position well into the 2030s.

By 2030, this rapid development will place France only behind the UK, which is expected to have an offshore wind installed capacity of around 40 GW, Germany (between 15-20 GW), and the Netherlands (11.5 GW).

“Although France has been quite late to the party compared to several of its Western European counterparties, recent developments suggest that the country is now picking up the pace. France’s target for operational capacity in 2023 is 2.4 GW, a target expected to be reached through the completion of already awarded projects,“ says Alexander Fløtre, Rystad Energy’s Vice President and Product Manager of Offshore Wind.

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The first step of the plan will be kicked off this year with a tender for 1 GW of grounded capacity in the French parts of the English Channel outside Normandy, a development area called Manche Est Mer du Nord. In 2021 to 2022 another 0.5 to 1 GW of grounded capacity will be put up for tender in southwest France, named Sud-Atlantique.

A part of this South Atlantic tender may be attributed to the already proposed 0.5 to 1 GW offshore wind project outside Île d’Oléron, an island in the Poitou-Charentes region.

The French government also plans to organize three separate tenders for floating wind in 2021-2022, each of which will have 250 MW of capacity. The first, in 2021, will be in the Southern waters of Brittany (Bretagne Sud), while the other two in 2022 are planned for areas in the Mediterranean. Another 1 GW of grounded offshore wind will be tendered in 2023, the location of which has not yet been determined.

From 2024 to 2028 the French government plans to award 1 GW of capacity per year, which can be grounded, floating, or a mix of both. The amount of floating capacity to be awarded will depend on its cost competitiveness compared to the more established grounded alternative.

Meanwhile, as a starting point, Rystad Energy expects France’s operational capacity in 2023 to stand at 2.59 GW, surpassing the 2023 target of 2.4 GW.

For more analysis, insights and reports, clients and non-clients can apply for access to Rystad Energy’s Free Solutions and get a taste of our data and analytics universe.

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Contacts

Alexander Flotre
Vice President & Product Manager Offshore Wind
Phone: +47 24 00 42 00
alexander.flotre@rystadenergy.com 

Lefteris Karagiannopoulos
Media Relations Manager
Phone: +47 90228994
lefteris.karagiannopoulos@rystadenergy.com

 

About Rystad Energy
Rystad Energy is an independent energy research and business intelligence company providing data, tools, analytics and consultancy services to the global energy industry. Our products and services cover energy fundamentals and the global and regional upstream, oilfield services and renewable energy industries, tailored to analysts, managers and executives alike. Rystad Energy’s headquarters are located in Oslo, Norway with offices in London, New York, Houston, Aberdeen, Stavanger, Moscow, Rio de Janeiro, Singapore, Bangalore, Tokyo, Sydney and Dubai.