The French Energy Regulation Commission (CRE) has fixed its feed-in tariff (FiT) to €0.035 (US$0.045) and €0.075 (US$0.097) for the fourth quarter of 2012, having fallen from €0.045 (US$0.058) and €0.095 (US$0.123).
These rates, as determined by Philip de Ladoucette, president of the CRE, joined by commissioners Olivier Challan Belval, Jean-Christophe le Duigou and Michel Thiolliere, will not come into effect until approved by the Ministry of Economy and Energy.
In September 2012, the French government published a report detailing operational changes to feed-in tariffs for renewable energy. The government decided in favour of phasing out FiTs and opting for annual tenders.
Furthermore, the beginning of this month, the government proposed a 10% domestic content bonus on top of the FiT.
Click here for the full FiT details.
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