The decision on the French energy planning bill is expected to be made by Christmas

The French energy ministry announced on Tuesday that the country will take a final decision on the "delayed multiannual planning law" (PPE).

The 'PPE' is a 10-year plan that outlines the country’s goals on everything from renewable and nuclear energy to climate change. However, political fights over renewable energy frameworks have caused long delays in its publication.

The ministry has not given any indication of what this decision means or whether it will be voted on or passed by decree. The bill has been awaited for a long time by the renewable energy industry, which is experiencing a slowdown due to unclear future demand and stagnant government tenders.

Leftist parties are in favor of the development of renewable energies, while centre-right and extreme-right parties oppose it.

Nuclear sector also awaits the PPE, as French utility EDF plans to build six reactors in the next decades. This 'PPE' will be needed to legislate these plans and avoid a future court challenge. The declaration by the?ministry follows the publication of an RTE report stating that the French electricity market faces oversupply and power demand is growing more slowly than expected.

(source: Reuters)