30 Apr '14, 1pm

French State to Keep Control of Hydropower Concessions, Royal Says

Tenders would “create risks for water management, the ecological balance of valleys and power distribution,” Royal said in a statement today. “State control must be retained.” Successive ministers have delayed making a decision about how to run the country’s biggest sources of renewable power, now mostly in the hands of state-run Electricite de France SA and GDF Suez SA through its Cie Nationale du Rhone, or CNR, and Societe Hydro-Electrique du Midi units. “A decision, long-delayed, has to be made,” Royal said, adding that concessions for 150 dams will come up for renewal before 2023, a quarter of total capacity. Majority state-owned companies modeled after CNR would run the concessions, according to the statement. Energy producers would need to compete to take a share in the partnerships. President Francois Hollande held off a plan by his predecessor Nicolas Sarkozy to op...

Full article: http://www.renewableenergyworld.com/rea/news/article/2014...

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