Paris, 6 July 2015. Following a formal request from the Energy and Climate Authority (Direction Générale de l’Energie et du Climat or DGEC) relative to the tracking of renewable energy, Powernext, as the National Registry for electricity guarantees of origin, is publishing the French residual mix and releasing information about the consumption of renewable energy in France .
92.4 TWh of the 535.7 TWh of electricity produced in France in 2014 originated from renewable sources (62.8 TWh from hydroelectricity, 17.0 TWh from wind, 6.6 TWh from biomass and 5.9 TWh from solar). The share of renewable energy in the production mix amounts to 17.25% in 2014.
The French consumption mix is the production mix adjusted with imports and exports of renewable electricity tracked with a reliable mechanism. The guarantee of origin mechanism ensures a reliable tracking of renewable energy consumed in France and in Europe. During this period, France exported 12.76 TWh and imported 2.80 TWh of renewable electricity through the guarantees of origin.
The French residual mix is the consumption mix from which are removed the guarantees of origin used in France to certify the consumption of renewable energy in the context of green electricity offers. In 2014, 8.20 TWh of renewable electricity were certified with guarantees of origin. The share of renewable energy consumed through standard offers amounts to 14.35%.
The residual mix enables the suppliers to measure the share of all sources in the electricity they receive when it is not accompanied by a guarantee of origin. This is the case when it is purchased via an organised market. The power exchange EPEX SPOT recommends its members to use the French residual mix published by Powernext when qualifying the origin of the electricity bought through contracts with delivery in France.
The residual mix calculation was made with data from 1st April 2014 to 31 March 2015. In order to improve the mix calculation consistency throughout Europe, it is recommended that electricity used to satisfy the consumption in green offers of a given Year Y be certified before 31 March of Year Y+1 through the cancellation of relevant guarantees of origin. Cancellations of guarantees of origin after this date are used to certify electricity consumption of Year Y+1.
The French residual mix was calculated by the RE-DISS team, in particular using data provided by Powernext. The European project RE-DISS is working on the reliability of data provided to power consumers on their consumption mix. RE-DISS calculates the residual mix from all European countries, from data originating from grid operators and guarantees of origin registries, and ensures their consistency.
Powernext is a regulated market operating under AMF supervision. Powernext manages the natural gas activities of the EEX Group under the PEGAS brand throughout Europe, and operates the National Registry for electricity guarantees of origin in France. Powernext owns 40.3% in EPEX SPOT and 20% in EEX Power Derivatives.
For more information: www.powernext.com
Data Sources: Powernext