France expects renewable energy subsidies to reach a record 9.75 billion euros ($11.1 billion) in 2027 as more solar, wind and biogas projects come online, France's Energy Regulatory Commission said in a Monday report.
The energy regulator projected renewable support will increase from 7.33 billion euros in 2025 to 9.75 billion euros in 2027, with mainland renewable electricity receiving 8.38 billion euros and biomethane injection attracting 1.37 billion euros, according to the report.
The regulator also expects subsidies for the energy transition in France's islands and overseas territories to rise to 2.22 billion euros next year as authorities continue expanding clean energy projects.
The growing subsidy bill could intensify political debate as France faces rising public debt, abundant low-carbon electricity supplies and weaker power demand caused by sluggish economic growth, according to the regulator.
Ahead of next year's presidential election, National Rally leader Marine Le Pen has proposed ending new solar and wind developments and instead expanding nuclear power, which already supplies roughly two-thirds of France's electricity, according to a report from Bloomberg.
Higher nuclear and renewable output helped France lift electricity exports to a record in the first half of 2026, while 2027 forward power averaged 54 euros per megawatt-hour, compared with 89 euro/MWh in Germany and 101 euro/MWh in Italy, according to grid operator RTE cited in the report.
French electricity exports generated a record 3 billion euros in the first half of 2026, increasing by 600 million euros from a year earlier, highlighting the country's growing competitive advantage in regional power markets, according to the report.