Home » Business » France Announces Plan to Convert Last Coal-Fired Power Stations and Calls for Fuel Industry Reform

France Announces Plan to Convert Last Coal-Fired Power Stations and Calls for Fuel Industry Reform

Sep 24, 2023 at 10:44 PM Update: 7 hours ago

France is getting out of the coal sector altogether. The country’s last two coal-fired power stations should be converted by 2027, President Emmanuel Macron announced on Sunday. He also wants the fuel industry to offer the products at cost price.

This concerns the power stations in Cordemai, in western France, and in Saint-Avold, in the east of the country. “Coal is a fossil energy source and the most polluting,” Macron said in a television interview on Sunday. “We still have two coal-fired power stations: we will convert them completely to biomass by 2027.”

In the same interview, Macron calls on the fuel industry to offer fuel at cost price and to forego profit margins. “The Prime Minister will bring all the players together next week and we will ask them to sell fuel at cost price,” the French president said. He also wants 100 euros for the poorest employees who drive to work, to limit the impact of inflation on households.

Macron’s government initially wanted to encourage fuel sellers to sell below cost by temporarily lifting a ban on this. The industry was strongly against this, because it would be unaffordable.

Image: ANP

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2023-09-24 20:44:29
#France #stops #coal #power #stations #closed #Economy

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