French President Emmanuel Macron on Tuesday announced a nationwide electrification initiative involving around 6,000 companies, as France accelerates efforts to increase domestically produced electricity to 60% of its energy mix by 2030. The move forms part of a broader strategy to cut reliance on imported fossil fuels and strengthen energy independence.
The announcement came as Macron signed a national electrification pact with major corporations in France, outlining private investment commitments to support the country’s long-term energy transition goals. The government has pledged to double annual state support to €10 billion through 2030, targeting expansion in nuclear power, renewable energy, transportation, heating and industrial electrification.
Macron said the programme is expected to create or preserve more than 600,000 jobs, while boosting competitiveness and reducing energy costs for households and businesses. The initiative seeks to position France as a leader in industrial electrification and clean energy production.
Automaker Stellantis announced plans to invest over €1 billion in producing a new generation of electric vehicles at its Mulhouse facility from 2029, while state-owned utility EDF committed €240 million toward accelerating electrification projects.
Power grid operators, including RTE, will expand transmission infrastructure with 45,000 km of new lines by 2030. France also aims to double electric vehicle charging sites and significantly increase production of heat pumps and electric radiators within the same timeframe.