Posted on March 31, 2025
RTE’s gigantic investment plan for the French grid will be reviewed annually to keep spending focus
French transmission system operator RTE has fired the starting gun on a €100bn ($108bn) investment plan that will include a big increase in funding for connecting offshore wind farms over a 15-year period.
RTE’s investment programme for the first year of the plan was authorised by the Energy Regulatory Commission (CRE), France’s power regulator, on Thursday.
The annual investment budget for the current year —which was tied to a regulatory decision on electricity network tariffs — amounted to €3.47bn, up 35% from 2024.
