they are angry that the state asks EDF to sell at cost price 20 TWh more nuclear energy (~40€) in addition to the previous 100 TWh to their competitors to avoid the rise in prices.
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Why help private competitors, when they can increase margins and wages, heh?
The arenh mechanism we developed for opening our electricity market is absolutely stupid. In short, EDF (technically a private company controlled by the state) is obligated to sell cheap nuclear electricity to competitors at fixed cost. Most of them actually have no production plant.
And then due to rising prices the government mandated to sell more of that cheap electricity to competitors to ease the cost for their consumers.
No well managed private society will do something this economically stupid.
Debt are growing at EDF to mainly help virtual electricity seller.
I really don’t understand why Macron does this.
Any French consumer can just go to EDF and get the Tarif Bleu with cheap electricity, right?
So why does EDF have to sell cheap electricity to competitors to keep prices low?
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So, a normal day in France then?
they are angry that the state asks EDF to sell at cost price 20 TWh more nuclear energy (~40€) in addition to the previous 100 TWh to their competitors to avoid the rise in prices.
​
Why help private competitors, when they can increase margins and wages, heh?
The arenh mechanism we developed for opening our electricity market is absolutely stupid. In short, EDF (technically a private company controlled by the state) is obligated to sell cheap nuclear electricity to competitors at fixed cost. Most of them actually have no production plant.
And then due to rising prices the government mandated to sell more of that cheap electricity to competitors to ease the cost for their consumers.
No well managed private society will do something this economically stupid.
Debt are growing at EDF to mainly help virtual electricity seller.
I really don’t understand why Macron does this.
Any French consumer can just go to EDF and get the Tarif Bleu with cheap electricity, right?
So why does EDF have to sell cheap electricity to competitors to keep prices low?