RTE will return 1,900 million euros to its customers before March 15 for the exceptional income collected by the manager of the French high-voltage lines in 2022 under the effect of tensions in the electricity market, the Regulation Commission announced on Monday. Energy (CRE).
These exceptional revenues come mainly from access rights paid by electricity importers or exporters to be able to use the interconnections
cross-border lines operated by RTE.
“The sharp rise in wholesale electricity prices at a European level observed in 2022 has led to significant variations in the costs and revenues of network operators, which has meant a strong surplus for RTE, mainly linked to the increase in revenue from ‘interconnection’, recalled the CRE, which wants this surplus to be returned to network users in advance.
Enedis and local distributors would be the main beneficiaries
Leur amount depends on the volumes échanged aux frontières and des écarts de prix de l’électricité entre la France et ses voisins, which are creusés in the context of the European energy crisis, fueled by the consequences of the invasion of the Ukraine par Russia.
The CRE specified in a press release that Enedis and the local distribution companies (LDC) would be the main beneficiaries of the RTE payment in terms of volume and that this would translate into a lower increase in rates for the use of public networks. electricity distribution in the coming years.
This restitution also affects about 380 industrial customers, including 200 electro-intensive (large electricity consumers), in the chemical, metallurgical and paper/cardboard industries, RTE indicated in autumn.
For these manufacturers, this exceptional payment “will be deducted from their invoice under the TURPE HTB”, specifies the CRE.
It will make it possible to mitigate in the longer term any “tariff recovery” that would be applied to consumers due to the additional costs incurred by these distributors, according to RTE.
Source: BFM TV
