French Government Pledges to Create 40 GW of Offshore Wind by 2050

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The French government has signed an offshore sector deal with France’s wind industry, committing to support the construction of 40 GW of offshore wind by 2050, spread over 50 wind farms.

To reach this goal, France plans to organize auctions for a minimum of 2 GW of new offshore wind capacity each year starting in 2025. Right now, they’re auctioning 1 GW a year. This means 20 GW of capacity will be allocated by 2030, translating into 18 GW of operational offshore wind farms in 2035. So far, France has put 3.5 GW of offshore wind up for auction, 500 MW of which is floating wind.

The expansion of offshore wind will also bring many more local jobs. France already has more than 5,000 offshore wind jobs. With this agreement, the industry aims to quadruple this to over 20,000 direct and indirect jobs. This growth will be spurred by over €40 billion in investments the industry committed to.

The sector deal aims to use 50% of local content in projects by 2035 based on good practice and voluntary commitments. Local manufacturing naturally develops in markets with significant market demand set by the government.

“The French offshore sector deal is a big step forward,” says WindEurope CEO Giles Dickson. “It provides the long-term clarity the industry needs. On the local content requirements France should tread carefully. It is good the requirements are not legally binding – that would risk leading to higher costs and slowing down investment. Ultimately what attracts investments is visibility on future wind volumes. On this France shouldn’t forget onshore wind. It’s one of the most effective tools for quick decarbonization. Even the U.K. is doing it again.”

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