France Devotes €30 Billion To Energy Transition
The title of this post, is the same as that of this article on PV Magazine.
This is the introductory paragraphs.
The French government has launched a new Covid-19 recovery plan that includes €30 billion to invest in the energy transition.
The top priority is the creation of a hydrogen economy, with €2 billion to be invested by the end of 2022 and €7.2 billion up to 2030. The money will be used for R&D activities and industrial electrolysis development projects.
The full plan for hydrogen will be published on September the 8th.
Other plans include.
- €7 billion for building renovations.
- €11 billion for the transport section.
- 100,000 terminals for electric vehicles by 2021.
I feel, that they will need to do more to decarbonise the transport sector.
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