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France doubles electrification aid to 10 billion euros

France will spend 10 billion euros annually on electrification to reduce reliance on gas imports. The plan targets more heat pumps and electric vehicles.

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France has announced a doubling of state financial support to 10 billion euros annually through 2030 to accelerate the nation's transition from fossil fuels to electricity. Prime Minister Sebastien Lecornu detailed the initiative on Friday, framing it as a necessary step to reduce the nation's reliance on Brent Crude Oil and Natural Gas.

Prime Minister Sebastien Lecornu speaks during a televised address at the Hotel de Matignon in Paris, France, on April 10, 2026. IAN LANGSDON/Pool via REUTERS
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