The EDF is asking the state for 8.34 billion euros to make up for the shortfall in electricity sales

Jane Bernard Levy’s last stand. While the country launched, in July, the nationalization of EDF, and proceeded to accelerate the succession of its current president, the latter did not give up. Extremely upset with the country that imposed a tariff shield against price hikes, he decided to attack the group’s main shareholder (84%) in court. “EDF presented today [mardi 9 août] A controversial appeal to the Council of State, and a claim for compensation in an amount estimated to date in the amount of 8.34 billion euros, from the state “, The group said in a statement. And he demands to cancel the increase in the volumes of nuclear electricity sold at low prices to his competitors from alternative suppliers, which the state imposed on him in early 2022.

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In order to contain the rise in regulated electricity prices to 4% this year, EDF has had to increase the annual share sold at a discount to its competitors by 20%, to 120 terawatt-hours (TWh), versus 100 TWh before, and this, while it exploded The cost of electricity in wholesale markets. This sale took place at a reduced price under the framework of Regulated Access to Historic Nuclear Electricity (Arenh), a mechanism imposed on the group in 2011 in order to ensure, in the face of Brussels requirements, a form of competition in the market dominates EDF.

“loot”

In May, Jean-Bernard Levy launched a gracious appeal to ask the state to reverse the measure. “The price and terms of these provisions are punishing us greatly.”, then argued. The state, which had two months – until Thursday, August 11 – to respond, has since fallen on deaf ears. As a result, the EDF chose to take legal action, while several unions and shareholders also took legal action. “While this EDF approach is belated and against a backdrop of score-settling, it is a fair approachJudge Fabrice Caudor, Federal Secretary of FNME-CGT. But we must go further to put an end to all our ills by taking energy out of the market, putting the public interest first and implementing a true nationalization of the sector. »

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For its part, Energie en Actions, the association that brings together the contributing employees and former employees of the group, He welcomed the appeal submitted on Tuesday 9 August, with regret that this action did not intervene in support of those submitted by the representatives of the employee shareholders to denounce the decision. “looting” company. At Percy, we stay very calm. “The state will continue to defend the Arena Lift System before the State Council, which again, in July, reminded the public interest associated with this decision.”We are assured of the Ministry of Economy. According to the government, “Without these measures, and especially the extra volume of Ariana, the family bills would have gone up 35% including taxes.”

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