“A happy surprise”: French industrialists, large energy consumers, believe that the reform of the electricity markets proposed on Wednesday by Brussels “is up to the task”.
“It’s more of a happy surprise,” reacted Tuesday night on the set of BFM Business’s Good Evening Business, Nicolas de Warren, president of the Union of energy-using industries in France, which accounts for 70% of energy consumption. energy of the country’s industrial sector in sectors ranging from agri-food to glass, passing through the automotive industry, chemicals, cement, construction, energy, metals, paper and transportation.
The European Commission on Tuesday unveiled its plans to reform the European electricity market without fundamentally restructuring it, using long-term power contracts for low-carbon energy to shield consumers from price volatility and encourage investment in renewables. and nuclear.
“Happy Surprise”
“What is very important, and this is an essential point compared to two years ago, is that the Commission has accepted that manufacturers, and in particular the large manufacturers that we represent, can benefit from predictable prices in the next ten to fifteen years” to be able to “decarbonize and invest,” he added.
Some European industrial energy consumers have suffered badly from rising wholesale electricity and gas prices after the Russian invasion of Ukraine, raising fears of possible relocations, particularly to countries such as the United States, where they just launch a vast IRA plan by the Soviet Union. Biden administration to encourage green industries, while the cost of energy is much lower than in Europe.
Source: BFM TV
