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Electricity: the EU “ready to look” at the aid that the States could grant

Guest of BFM Business, the European Commissioner for Justice and Competition, Didier Reynders, did not rule out perpetuating the annuity system to allow States to support consumers.

“It’s a difficult debate.” While the European Union has begun complex debates around the redefinition of the electricity market, the European Commissioner for Justice and Competition, Didier Reynders, declared himself “willing to look” in parallel at what support can be granted to consumers” in a context of high energy prices.

Didier Reynders mentioned in particular the perpetuation of the annuity system in France with nuclear energy: “France has the ability (…) to say: ‘Finally, nuclear energy costs me less (to produce compared to the market price). , editor’s note), so I can decide to set a price and take the extra to help consumers.” “You’re trying to say, ‘I produce at a price below the general market price so I can take a margin and use it to help consumers, whether they’re individuals or businesses,'” he said, adding on BFM Business.

“Maximum price”

The European commissioner recalled that the Germans, for their part, want to support consumers “with direct state aid.” “We will have to, in parallel with the redefinition of the market, check what is possible. How can we intervene in the Member States to help set a ‘maximum price’, an assistance, so that prices are not too high for the consumer,” he continued.

Didier Reynders, however, said that he “hopes” that with the redefinition of the electricity market in which we are working we can achieve price stabilization: “We are not sure, that is why we are working on these procedures for the use of part of the “Income is linked for some to nuclear energy, for others to renewable energy. This can be a lasting rule.”

Author: pablo luis
Source: BFM TV

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