E-fuels: France holds all the cards to pull ahead

France has great potential to get e-fuel projects to final investment decisions, as shows our map of projects. Realizing this potential will depend on the regulatory framework, particularly on obligation schemes that create the market and provide visibility for investors.

Today, a decisive lever is at stake now: the proper sizing of the IRICC* off-budget mechanism. The government’s proposal submitted for consultation in May is clearly insufficient and needs to be corrected.

Without it, there will be no large-scale industrial development of maritime e-fuels, nor any strategic repositioning of our ports to distribute these low-carbon fuels.

E-fuels are essentials for decarbonizing these sectors and they represent a major industrial opportunity for France. Let’s finalize the framework to get them off the ground!

*Incentive for the Reduction of the Carbon Intensity of Fuels.