Moves on geothermal and solar energy and carbon pricing launched in Paris

Paris Climate Conference/Agenda of Solutions/Global Geothermal Alliance with Iceland, Kenya and IRENA – Communiqué issued by the Ministry of the Ecology, Sustainable Development and Energy¹

Paris, 7 December 2015

This morning, Ségolène Royal officially launched the Global Geothermal Alliance with Olafur Ragnar Grimsson, President of Iceland, Judy Wakhungu, Minister of Environment of Kenya and Adnan Z. Amin, Director-General of the International Renewable Energy Agency (IRENA).

This alliance, that was presented on Energy Action Day of the Lima-Paris Action Agenda, will be an opportunity to:

- Initiate new technological cooperation: Ségolène Royal welcomed the agreement that was just announced this morning between the French company ENGIE and the Icelandic firm Reykjavik Geothermal to develop geothermal energy in Mexico.

- Mobilize funding, particularly towards a better management of geological risk: France is already a leader in this field with the creation of the “GEODEEP” guarantee fund in 2015 to protect investors.

Ségolène Royal pointed out that “geothermal energy is not developed enough, whereas it is one of the concrete and accessible solutions that can be implemented right now to enter a low-carbon economy”.

Ségolène Royal also recalled the ambitious targets set in France in terms of geothermal energy. The “multi-annual programming of energy” that is in the process of being drawn up to implement the strategic guidelines of the Energy Transition for Green Growth Act provides for the following:

- a five-fold increase of the production of heat from geothermal energy in 10 years;

- an increase in electricity production from geothermal energy.

The first concrete illustration of this impetus is the announcement this morning of Ormat’s acquisition of the geothermal site Bouillante in Guadeloupe, with a project for a three-fold increase of the production capacity to 45 MW. By replacing fossil fuel consumption this project will increase the share of renewable energy and contribute to the goal of energy autonomy in the French Overseas Territories./.

¹ Source of English text: French Ministry of Ecology, Sustainable Development and Energy.

Paris Climate Conference/launch of the International Solar Alliance – Communiqué issued by the Presidency of the Republic

Le Bourget, 30 November 2015

Today in Paris Le Bourget, on the sidelines of the opening of COP21, the President of the Republic, M. François Hollande, and the Indian Prime Minister, Mr Narendra Modi, launched the International Solar Alliance in the presence of the Secretary-General of the United Nations, Mr Ban Ki-moon.

This launch is the culmination of several months’ work between the Head of State and the Indian Prime Minister, including during Mr Modi’s visit to France in April 2015 and their meeting on the sidelines of the United Nations General Assembly in September.

This Alliance, which was instigated by Prime Minister Modi and supported from the outset by the French President, is based on a simple goal: to unite the efforts of developing countries to attract investment and technologies to this sector and to develop the uses of solar energy.

This Alliance will enable cooperation between those industrialized countries which have the technologies and finance, and developing countries.

The strength of this commitment can be seen through the involvement of many heads of state and government.

The negotiations which began today on limiting global warming are decisive for the future of the planet.

Over 100 countries have solar potential, lying wholly or partially between the Tropics of Cancer and Capricorn.

This conference must mobilize the international community and create shared momentum to achieve a low-carbon economy.

Developing renewable energies is one of the most obvious ways of reducing greenhouse gas emissions.

Solar energy is the most plentiful source of renewable energy in the Southern countries, but technologies and financing in these areas remain insufficient./.

Paris Climate Conference/carbon pricing – Communiqué issued by the Presidency of the Republic

Le Bourget, 30 November 2015

On the sidelines of COP21, the President, along with several heads of state, the World Bank, the IMF, local government bodies and business leaders from around the world, has launched a Carbon Pricing Leadership Coalition.

The Coalition’s members adopted a joint action plan to advance carbon pricing, committing to sharing experience of successful public policies, mobilizing businesses, and promoting dialogue to increase the use of carbon pricing.

Carbon pricing is an essential tool to enable economic stakeholders to commit resolutely to the transition towards a low-carbon economy and reduce greenhouse gas emissions as effectively as possible. The aim is not to fix a single price: the goal has to be to promote the gradual expansion of the coverage of global emissions by carbon pricing.

Existing mechanisms (EU ETS, Indian coal tax, US Clean Power Plan etc.) and future ones (ETS market in China) cover countries representing 89% of the GDP of the G20, or 75% of the global economy, by 2018. So the majority of the most carbon-intensive sectors are, or will very soon be, covered by a carbon price in most of the world’s major economies.

Although it is too low everywhere, carbon pricing is no longer an exception and is starting to become the rule. With the Coalition, we are going to foster and accelerate the adoption of carbon pricing, so that today’s investments create the conditions for more sustainable growth for a long time ahead./.

Paris Climate Conference/Global Geothermal Alliance – Communiqué issued by the Ministry of Ecology, Sustainable Development and Energy¹

Paris, 1 December 2015

This morning, representatives from Iceland and the Comoros, as well as the Director-General of IRENA attended a high-level meeting on the development of geothermal energy.

As a member of the Global Geothermal Alliance, France supports this initiative. Ségolène Royal says that geothermal energy is not developed enough, whereas it is one of the concrete and accessible solutions that can be implemented right now to enter a low-carbon economy.

In order to fast-track the development of geothermal energy, Ségolène Royal supports the following actions:

  • Define clear objectives and the right regulatory framework. The countries of the Global Geothermal Alliance agreed on ambitious targets for 2030 in order to multiply by five the supply of electricity and multiply by two the production of heat from geothermal power.
  • Mobilize funding. This particularly involves developing innovative solutions to manage the geological risk. France is a leader in this field with the creation of the “GEODEEP” guarantee fund in 2015.
  • Develop technological cooperation. On this occasion, the Minister welcomed the cooperation agreements that were signed recently between the French and the Icelandic business clusters. She pointed to the experience of France in supplying heating networks using geothermal resources, especially in the Paris region where about 200,000 households are heated geothermally.
  • When Ségolène Royal went to Iceland last July and last October in order to accelerate the setting-up of this alliance, she had pointed out that:
  • It is a renewable energy, which produces electricity and heat. It has the merit of not being intermittent nor dependent on seasonal constraints or weather and climate conditions.
  • It is a mature technology ready to be widely deployed right now.
  • It is a solution that can be more competitive than fossil fuel consumption. This is particularly the case in many island areas. The introduction of carbon pricing will increase its competitiveness even more./.

¹ Source of English text: French Ministry of Ecology, Sustainable Development and Energy.

Last modified on 09/12/2015

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