Tuesday, August 5, 2014

France to Aid Renewable Energy Industry with $13B Plan

France has announced a $13.4 billion energy plan designed to reduce its dependence on atomic power from 75% to 50%. The nation plans on using home renovation and insulation as one avenue of saving energy - allowing home owners to deduct 30% of the cost of thermal insulation from their taxable income. RTT News, August 5 2014, Referenced August 5 2014
brayton point power system
It's no secret these days that renewable energy firms are comping up with new innovative ideas and methods for providing alternative, sustainable energy to consumers. France is addressing its heavy dependence on atomic power and has developed a plan to fund a 13 billion dollar project aimed at rectifying what it considers to be an issue. This could mean new markets for companies like Angstrom Advanced who specialize in renewable energy products and services. Part of their plan is to give incentive for people owning diesel powered vehicles to convert to electric and offering to buy their non-renewable means of transportation. Could this be a new market for hydrogen plants and technology? ok

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