5.4 future investments in the power sector
It would require € 490 billion in investment for the Energy [R]evolution scenario to become reality (including investments for replacement after the economic lifetime of the plants) - approximately € 12 billion annually or € 4 billion less than in the Reference scenario (€ 494 billion). Under the Reference version, the levels of investment in conventional power plants add up to almost 64% while approximately 36% would be invested in renewable energy and cogeneration (CHP) until 2050.
Under the Energy [R]evolution scenario, France would shift almost 96% of the entire investment towards renewables and cogeneration. Until 2030, the fossil fuel share of power sector investment would be focused mainly on CHP plants.
Because renewable energy has no fuel costs, the fuel cost savings in the Energy [R]evolution scenario reach a total of € 130 billion up to 2050, or € 3.3 billion per year. The renewable energy sources would then go on to produce electricity without any further fuel costs beyond 2050, while the costs for coal and gas will continue to be a burden on national economies.