the-state-makes-edf-contribute-to-limit-the-electricity-bill-of-the-french

The State makes EDF contribute to limit the electricity bill of the French

Kévin Comte For the sake of French bills. The government will ask EDF to sell more electricity at low prices to its competitors. Thus, he intends to keep his promise to limit the increase in the electricity bill to 4% in , despite the surge in prices, announced Thursday 15 January, the Minister of the Economy Bruno The Mayor. The government, which had already reduced the main tax on electricity to the maximum, an insufficient measure to contain this outbreak, will “implement a complementary measure by increasing by 22 terawatt hours ( TWh) the volume of nuclear electricity sold at a reduced price by EDF to its competitors, to increase it exceptionally from 70 at 120 TWh”, announced the minister in an interview published on the Parisian website. .

This measure will cost between 7.7 billion and 8.4 billion euros to EDF, estimated Bruno Le Maire. At the end of September, Prime Minister Jean Castex announced “a tariff shield” on energy with in particular a limitation 4% of the increase in regulated electricity tariffs in 2021.

A sale price of 42 at 46,2 euros/MWh Prices, boosted by the global economic recovery, have continued to rise since the government’s announcement, but the government has therefore not returned on his word. He had been planning since December to raise this Arenh ceiling (“regulated access to historical nuclear electricity”) so that suppliers have more cheap electricity at a fixed price, even if it means slightly increasing the price paid to EDF. While ‘it is currently sold at 22 euros per MWh (instead of some 250 euros on the market currently) by EDF to its competitors, the government “proposed to raise this selling price by 35 at 50, 2 euros / MWh, which reduces the bill for EDF”, indicated Bruno Le Maire. The government had already reduced the main tax to the maximum on electricity, in the fa ishing to pass from 42,50 euros per megawatt hour (euro/MWh) at 50 pennies, “a decision that represents a loss tax for the State of 8 billion euros”, said Bruno Le Maire. This measurement “allowed to cover approximately 20 points of increase in the price of electricity”, according to the Minister, very “far from 35% coming in two weeks”.

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