France

France

Provides State aid to support sustainable biomethane production

25 Jul 2024

On 25 July 2024, The European Commission has approved a €1.5 billion State aid scheme of France to support sustainable biomethane production, advancing the transition to a net-zero economy. Open to new installations producing over 25 GWh of biomethane annually, the scheme operates under a competitive bidding process with 15-year two-way contracts for difference (CfD). Beneficiaries receive aid covering the difference between market gas prices and their strike price, with repayments required if market prices exceed the strike price. Expected to produce 1.6 TWh of biomethane per year, the scheme aligns with the REPowerEU Plan and Green Deal Industrial Plan, supporting the green transition.

  • Type:
    • Promotion and facilitation (Investment incentives)
  • Industry:
    • Not industry specific (SDG)
    • Services (Electricity, gas, steam and air conditioning supply)
  • Sources: