The global surge in energy prices is such that, for the first time, the public service charges to be compensated with renewable energy operators will be negative in 2023, which means revenue for the State, indicated on Monday the French energy policeman.
Expenses related to support for renewable energies in mainland metropolitan France are down due to the exceptionally high level of wholesale electricity and gas prices, indicates the Energy Regulation Commission (CRE) in a press release published on Monday .
In particular, wholesale electricity prices have become on average higher than the rates guaranteed by the State in support contracts for electrical renewable energies. Thus, what constituted charges for the state budget in previous years represents for the first time a revenue for public finances, indicates the CRE.
The state pays operators when the market price is lower than the guaranteed price, and conversely, operators must return revenue to the state when the market price exceeds the guaranteed price.
CRE assesses the amount of charges to be compensated by the State towards operators for 2023 at -11.1 billion euros, down by 18.7 billion euros compared to the assessment carried out last year for 2022, which is raised 7.6 billion.
For these two years, the forecast revenue linked to renewable electrical energies would amount to a cumulative 8.6 billion euros for the state budget.
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A recipe which mainly contributes to the onshore wind power sector, amounting to 7.6 billion euros, the photovoltaic sector continuing to weigh marginally on public service costs amounting to 0.9 billion euros in total.
For this sector, the weight of historical contracts, concluded when it launched high tariffs, is not yet offset by new contracts which contribute positively to public finances, adds CRE.
Finally, the hydraulic sector makes a positive contribution, totaling 0.8 billion euros for 2022 and 2023.
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