- French government due to present new regulations next month
- Macron says production of heat pumps will be tripled by 2027
The aim is to ensure prices paid by businesses and households, which recently rose in the wake of higher gas prices, are kept closer to production costs in France.
Photographer: Anita Pouchard Serra/BloombergFrance will introduce a law to curb power prices by the end of the year to encourage the billions of euros of investment needed for its energy transition, President Emmanuel Macron said.
“We will regain control of our electricity at the French and European level,” Macron said in a speech in Paris on Monday during which he outlined his country’s strategy to fight climate change.
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France Plans to Curb Power Prices to Boost Green Investment