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Global Trade Alert

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France: EUR 10.8 billion to support the construction of two offshore wind farms

Description

On 3 July 2024, the European Commission approved a EUR 4.77 billion (USD 5.18 billion) French scheme to support the construction and operation of a floating offshore wind farm in Normandy (Parc Centre...

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Intervention Details

Intervention Type

Price stabilisation

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

03 Jul 2024

Revocation date

31 Dec 2025

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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