COMAX France is a major player in electricity production in mainland France.
The business sectors in which the Group has invested heavily since 2003 include CHP (Combined Heat and Power) and backup power supply based on natural gas due to their high levels of energy efficiency.
With growth driven by a team of top engineers, COMAX France turned to highly renewable energy production and management solutions such as Electricity Storage.
MET Group's first investment in French energy infrastructure, with the acquisition of flexible energy systems operator Comax France. (Press release).
Restrictions on the sale of Chinese solar panels in the European Union ended on September 3 as planned, causing concern among European producers fearing an influx of cheap imports.
According to a forecast study published by RTE for the summer of 2020, electricity consumption would be down significantly compared to 2019. The summer season is characterized by lows that can go down to 30,000 MW while its peak can reach 55,000. MW. The recent pandemic could further affect its downward figures.
The share of renewable energies (ENR) in the French energy mix has continued to accelerate in recent years (28-31% by 2023) but these energy sources, in particular wind turbines and photovoltaic panels, are exposed to the intermittency problem and therefore display variable production.
