French Energy Regulator Urges Offshore Wind Fixes After EDF Wins

Photographer: Matthew Lloyd/Bloomberg
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France must overhaul its offshore wind farm auction process to stimulate investment and competition if it wants to hit President Emmanuel Macron’s target for 50 facilities by 2050, the country’s energy regulator said.

The government should launch a tender for 10 gigawatts of projects on multiple shores before 2027, and limit the ability for any bidder to sweep auctions, the body said. Consortiums led by state-owned Electricite de France SA won five out France’s eight offshore wind tenders since 2012, including the latest in March, prompting the regulator to express concerns about EDF’s grip over the supply chain.