A recent study forecast has found that French renewable energy growth could boost the jobs by almost 55% amounting to 236,000 by 2028 against 152,000 in 2019. The report of the analysis and evaluation was initiated by SER and Ernst and Young concerning the contribution of the renewable energy to the economy of France and its territories modelled by PPE period.
The value created by the renewable energy in France is accurately studied by this study in France depending upon the four indicators based over the PPE Period. The four model indicators are job creation, tax benefits, impact on the cost of country’s energy and added value. And depending upon this, two alternative studies were also taken into consideration that added value created by the development of renewable energies benefiting the national economy along with more than 80% of the industry’s value of economy in France.
It is also noticed that the adjoining territories are also at benefit due to the development of these renewable energy. The tax revenue resulting from renewable energy to the local authorities and municipalities is amounted to be €1bn in 2019 and €1.6bn by 2028.