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France : The Government takes measures to limit the rise in electricity prices


TendersInfo - News  

 

    In a context of soaring electricity costs, the Government decided on Thursday 13 January to increase the volumes of electricity that EDF sells to its competitors under the Arenh system (regulated access to electricity nuclear history). The goal is to limit the rise in prices for consumers.

    Prevent the French from paying more for their electricity. This is the purpose of the measures taken Thursday, January 13 by the Government. In support of this objective, the increase in the volume of Arenh (regulated access to historical nuclear electricity) which will be delivered in 2022. Concretely, alternative electricity suppliers will be able to buy more electricity at a reduced price at EDF. These suppliers will then be required to pass on this benefit in full to the benefit of customers. This point will be closely monitored, in conjunction with the Energy Regulation Commission.

    Focus on the Arenh

    Created in 2011, Arenh (Regulated Access to Historical Nuclear Electricity) is the name of the system that allows alternative electricity suppliers to benefit from regulated access to the energy produced by EDF's existing nuclear fleet. .

    Securing the tariff shield

    This increase in the Arenh ceiling is in addition to the reduction for one year, from February 1 , 2022 , of the electricity tax (TICFE) to its minimum level provided for by European law. A decrease which represents a budgetary cost for the State of eight billion euros .

    These measures should make it possible to secure the implementation of the tariff shield for electricity announced in the finance law for 2022 . As a reminder, this measure provides for the increase in regulated prices to be blocked at 4% including tax for residential consumers. This shield will be exceptionally extended to small professional consumers who benefit from it in mainland France, as well as to all professional consumers in overseas territories and Corsica (non-interconnected areas) who benefit from these tariffs.

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