From January 1, 2023, the energy company could be able to sell part of his electricity to alternative suppliers to 49.50 euros instead of 42 euros currently.
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EDF’s business invited themselves to the heart of the hemicycle. On the occasion of the examination of the emergency law on purchasing power, the deputies approved, on the night of Thursday, July 22, July 22 – against the opinion of the government – the recovery of the Regulated price to which EDF must sell part of its nuclear energy to its competitors. An obligation imposed on it since 2011, as part of the regulated access to historic nuclear electricity (ARENH).
In favor of a coalition, the oppositions supported – by 167 votes for and 136 against – the amendment of the Republicans (LR) aimed at carrying this fixed rate of 42 euros currently to “at least 49.50 euros “By megawatt-hour (MWH). And this, as of 1 er January 2023. An increase deemed in “the interest of the EDF company”, according to Olivier Marleix, head of LR deputies, recalling that the 42 euros were well in Deaire market prices.
At a time when the company is struggling with a heavy debt, aggravated by the arrest of part of its nuclear power plants, will this decision be beneficial? And what will he be for consumers? Internally, this gesture is greeted, even if the answer is unanimous enough to say that it does not go far enough. “By raising this price, the deputies were able to show responsibility, sums up Alexandre Grillat, boss of the CFE-CGC of EDF. At 42 euros, EDF sells at a loss and hollows his deficit. It is therefore time to stop the ‘Hemorrhage “.
concerns are focused on the volumes sold
A point of view shared by Hervé Chefdeville, secretary general of the Energy Association in shares: “The deputies have thus recognized, as had already been underlined several times by the Court of Auditors, that the Prize of the Arenh was insufficient and did not reflect EDF’s nuclear production costs “, he noted, regretting, however, that the law was not applied before 1
Beyond the rates, concerns are focused on the volumes sold. On this subject, the Energy-Climate Law, adopted in September 2019, provided that the government could, by decree, raise the annual ceiling of the ARENH to 150. On the occasion of the vote, Friday, July 22, “the deputies accepted the idea of lowering the legal ceiling of the Arenh volume from 150 to 120 TWh”, details Alexandre Grillat. In other words, the government can hardly go beyond 120 TWh in its requests. “But the cost of this volume of 120 remains catastrophically high for EDF who must go and seek a large part of these volumes on the markets.” In his sense, it would have been necessary to lower this ceiling around 100 to 80 TWh at least.
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