popular articles

France: SER calls for an independent ministry for energy and transition

The Syndicat des énergies renouvelables (SER) is lobbying for a ministry dedicated to energy and climate policy in Michel Barnier's future government, in order to structure an effective strategy for France.

Please share:

The Syndicat des énergies renouvelables (SER) recently expressed the urgent need to review the government’s energy organization.
At a meeting with the press, SER President Jules Nyssen stressed the importance of creating an autonomous ministry entirely dedicated to energy and climate policy.
Currently, the energy portfolio is attached to the Ministry of Industry, a decision taken under Gabriel Attal’s government.
SER considers this organization insufficient to meet the complex challenges of the energy transition.
For SER, an autonomous ministry would be capable of developing a coherent strategy and implementing long-term policies.
This request comes at a time when Prime Minister Michel Barnier has spoken of the need to treat ecological debt at the same level as financial debt.
SER sees this statement as an opportunity to push for a reorganization of the government apparatus, which would enable more effective management of energy issues.

Challenges surrounding contributions on inframarginal annuities

Alongside this request for ministerial reorganization, SER is concerned about the possible impact of a new contribution on inframarginal rents, a measure proposed by the resigning Minister of the Economy, Bruno Le Maire.
This contribution targets electricity generation facilities exceeding 260 megawatts, accused of having benefited unduly from rising energy prices.
In 2022, this tax generated 400 million euros in revenue and 300 million in 2023, but is expected to bring in only 100 million euros in 2024.
The sector’s manufacturers consider this contribution to be an obstacle to their competitiveness.
In particular, they denounce a fiscal approach that could discourage investment in new production infrastructures.
In their view, the measure could be counter-productive, affecting their ability to invest in projects essential to the development of the renewable energies sector.

Potential impact on investment and competitiveness

Industry players are concerned about how these policies could influence investment decisions.
Regulatory uncertainty, coupled with high taxes on production, creates an environment that many consider unstable.
This could deter new market entrants and limit the ability of existing companies to expand.
France, seeking to strengthen its competitiveness in the European energy market, could find itself at a disadvantage as a result of poorly calibrated policies.
Many energy companies, particularly those investing in new or developing technologies, feel that the contribution on inframarginal rents is akin to a tax on production, which could jeopardize growth efforts.
They call for a more balanced approach that takes account of the State’s financial needs, while stimulating innovation and production in the renewable energies sector.

A political and fiscal framework to be redefined

SER’s call for a fully-fledged ministry comes at a critical time, when the entire French energy sector is seeking stability and regulatory clarity.
Decisions taken today, particularly on taxes and regulation, will shape the future of the French energy market.
Consideration of a contribution on inframarginal rents, although initially intended to correct perceived inequalities, shows how necessary it is to rethink the legislative framework to avoid undesirable side-effects.
It becomes essential to consider the wider economic implications of such measures, ensuring that they do not compromise the ability of businesses to operate effectively.
An independent ministry, with the primary mission of overseeing the energy transition, could offer more coherent governance tailored to the needs of the sector.

Long-term strategy and maintaining competitiveness

France’s energy development strategy will require clear, dedicated governance.
SER’s demands are in line with this logic: without a centralized and coherent vision, the ambitious objectives set by France for its energy policies risk not being achieved. Companies in the sector are calling for stable, predictable policies, essential for attracting significant investment and supporting innovation.
An independent Ministry of Energy, for example, could play a crucial role in coordinating efforts between the various energy players, both public and private.
The stakes are not just ecological or political, but economic and strategic for France’s future on the world energy stage.

Register free of charge for uninterrupted access.

Publicite

Recently published in

Enedis replaces the old "paper-insulated" electrical cables in the capital with more robust synthetic models. This project aims to strengthen the resilience of Paris's network against increasingly frequent heatwaves.
In the face of a historic drought, Ecuador has reintroduced electricity cuts lasting up to 10 hours per day. The decision aims to prevent a collapse of the national electricity system, primarily powered by hydroelectricity.
In the face of a historic drought, Ecuador has reintroduced electricity cuts lasting up to 10 hours per day. The decision aims to prevent a collapse of the national electricity system, primarily powered by hydroelectricity.
India aims to become a global clean technology manufacturing center by 2030 through incentive policies. However, challenges related to technological innovation, infrastructure gaps, and political risks could hinder its progress.
India aims to become a global clean technology manufacturing center by 2030 through incentive policies. However, challenges related to technological innovation, infrastructure gaps, and political risks could hinder its progress.
The Pakistani government is terminating power purchase agreements with five independent power producers, including Hub Power Company Ltd, as part of reforms to reduce energy costs and meet the IMF’s requirements. Savings of 411 billion Pakistani rupees are expected.
The Pakistani government is terminating power purchase agreements with five independent power producers, including Hub Power Company Ltd, as part of reforms to reduce energy costs and meet the IMF’s requirements. Savings of 411 billion Pakistani rupees are expected.
The Energy Regulatory Commission (CRE) publicly exposes eight gas and electricity suppliers who have rejected the transparency guidelines, potentially jeopardizing consumer protection in an already unstable market.
Emmanuelle Wargon, president of the Commission de régulation de l'Energie (CRE), warns against an excessive increase in the Taxe intérieure de consommation finale sur l'électricité (TICFE). She highlights the risks to household bills and climate objectives, as the government plans to raise the tax beyond initial forecasts.
Emmanuelle Wargon, president of the Commission de régulation de l'Energie (CRE), warns against an excessive increase in the Taxe intérieure de consommation finale sur l'électricité (TICFE). She highlights the risks to household bills and climate objectives, as the government plans to raise the tax beyond initial forecasts.
Nigeria seeks to attract between 5 and 10 billion USD in investments to develop its deepwater gas sector, supported by regulatory reform aimed at making the sector more attractive to foreign investors.
Nigeria seeks to attract between 5 and 10 billion USD in investments to develop its deepwater gas sector, supported by regulatory reform aimed at making the sector more attractive to foreign investors.
REC prices are expected to drop by 76% by 2050 in the Asia-Pacific region, falling from 46 to 11 USD/MWh, due to the massive increase in renewable energy generation in the region, according to a report by Wood Mackenzie.
REC prices are expected to drop by 76% by 2050 in the Asia-Pacific region, falling from 46 to 11 USD/MWh, due to the massive increase in renewable energy generation in the region, according to a report by Wood Mackenzie.
The future of North Sea oil and gas will depend on a more stable and predictable fiscal reform, according to an analysis by Wood Mackenzie. The UK government must quickly clarify its position to avoid deterring investments in this mature sector.
Russia has filed a lawsuit against several Shell entities for energy projects on Sakhalin Island. This initiative could reflect an attempt to consolidate national resources after the company’s withdrawal in 2022.
Russia has filed a lawsuit against several Shell entities for energy projects on Sakhalin Island. This initiative could reflect an attempt to consolidate national resources after the company’s withdrawal in 2022.
France: Agnès Pannier-Runacher warns of the risks of excessive increases in electricity taxes
France: Agnès Pannier-Runacher warns of the risks of excessive increases in electricity taxes
Energy unions are concerned about the upcoming revision of the Public Electricity Grid Use Tariff (TURPE), fearing a reduction in human resources as massive investments are needed to modernize the network.
Energy unions are concerned about the upcoming revision of the Public Electricity Grid Use Tariff (TURPE), fearing a reduction in human resources as massive investments are needed to modernize the network.
The United States and G7 leaders discuss new sanctions in response to Iran's attack on Israel. New measures targeting the Houthis in Yemen have also been announced.
Colombia presents an ambitious financing program aimed at reducing its dependence on oil and coal by mobilizing international investments for a low-carbon economy.
Colombia presents an ambitious financing program aimed at reducing its dependence on oil and coal by mobilizing international investments for a low-carbon economy.
The French government is exploring a new tax on power plants to balance the 2025 budget without increasing electricity costs for consumers, a move that faces strong opposition from industry stakeholders.
The French government is exploring a new tax on power plants to balance the 2025 budget without increasing electricity costs for consumers, a move that faces strong opposition from industry stakeholders.
A report from the Centre de recherche sur l'énergie et l'air pur (CREA) demands that China decrease its emissions by at least 30% by 2035 to comply with the commitments of the Paris Agreement on climate.
A report from the Centre de recherche sur l'énergie et l'air pur (CREA) demands that China decrease its emissions by at least 30% by 2035 to comply with the commitments of the Paris Agreement on climate.
Taxes on the superprofits of oil and gas majors are multiplying across Europe and the United States. While governments aim to redistribute these record profits, companies are threatening to cut back on investments.
The Minister of Ecological Transition warns against a proposed tax on power plants, highlighting the risk of passing the costs onto French consumers.
The Minister of Ecological Transition warns against a proposed tax on power plants, highlighting the risk of passing the costs onto French consumers.
The United Arab Emirates Energy Minister, Suhail al-Mazrouei, reaffirms OPEC+ unity in its commitment to stabilize the global oil market at the Gulf Intelligence Energy Markets Forum.
The United Arab Emirates Energy Minister, Suhail al-Mazrouei, reaffirms OPEC+ unity in its commitment to stabilize the global oil market at the Gulf Intelligence Energy Markets Forum.
Malaysia updates its climate policy, aiming for a 45% reduction in carbon intensity by 2030. This initiative is accompanied by the preparation of a Climate Change Act, expected to be launched in the first quarter of 2025.
Malaysia updates its climate policy, aiming for a 45% reduction in carbon intensity by 2030. This initiative is accompanied by the preparation of a Climate Change Act, expected to be launched in the first quarter of 2025.
Oman regains its investment status after seven years of financial uncertainty marked by a credit rating downgrade in 2016. Rating agency Standard & Poor's (S&P) has announced the upgrade of Oman’s credit rating from ‘BB+’ to ‘BBB-’ with a stable outlook. This decision reflects the country’s sustained efforts to rebalance its public finances through structural reforms and prudent debt management. The government implemented a medium-term financial plan which, combined with a rationalization of public spending, has generated budget surpluses.
The Parquet National Financier (PNF) has announced its decision to appeal the Paris Correctional Court’s ruling, which acquitted Henri Proglio, former Chairman and CEO of EDF, along with the group and eleven other individuals, in a case involving allegations of favoritism. The case centers on a series of consulting contracts directly awarded by EDF between 2010 and 2016, raising concerns about the transparency of the company’s contracting practices.
The Parquet National Financier (PNF) has announced its decision to appeal the Paris Correctional Court’s ruling, which acquitted Henri Proglio, former Chairman and CEO of EDF, along with the group and eleven other individuals, in a case involving allegations of favoritism. The case centers on a series of consulting contracts directly awarded by EDF between 2010 and 2016, raising concerns about the transparency of the company’s contracting practices.
French Prime Minister Michel Barnier commits to reducing France's "ecological debt" while developing nuclear and renewable energy sources. However, NGOs and experts criticize the lack of concrete measures and financial commitments.
French Prime Minister Michel Barnier commits to reducing France's "ecological debt" while developing nuclear and renewable energy sources. However, NGOs and experts criticize the lack of concrete measures and financial commitments.
The 2024 US presidential election could reshape the trajectory of the liquefied natural gas (LNG) sector, with Kamala Harris and Donald Trump offering divergent strategies that could impact the regulatory framework, export permits, and international commercial perspectives.
The 2024 US presidential election could reshape the trajectory of the liquefied natural gas (LNG) sector, with Kamala Harris and Donald Trump offering divergent strategies that could impact the regulatory framework, export permits, and international commercial perspectives.

Advertising