"French opposition touts EU electricity market exit
France should drop the idea of an EU electricity market and fully nationalise energy giant EDF, as rising electricity costs would be better managed with a more integrated public energy service, according to some in the parliamentary opposition.
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"ad the original French article here.
France announced its plans in July to recapitalise energy giant EDF, while some, mostly in the opposition, have been calling for its nationalisation.
However, those voices have grown louder since the finance committee’s special rapporteur, Socialist Party Deputy Phillipe Brun of the radical-left alliance NUPES, published a damning report on Monday (14 November).
The announcement that the government will entirely recapitalise EDF, rather than fully nationalise it, means the company can still divide its activities, whether this is regarding nuclear or other renewables for example. Nationalisation, which needs approval from parliament, including on the activities, would, however, allow EDF to no longer face competition in the French electricity market.
Based on notes from the economy ministry, the report pointed to a transfer to the private sector that could concern “about 30% of the activities related to the energy transition” – though Economy Minister Bruno Le Maire opposes this.
Even before the report was published, Brun had called for EDF’s nationalisation, arguing it would avoid “the disintegration of the [EDF] group” and “the disintegration of the public service”, and noting that it would receive backing from all opposition parties.
“I can safely say that there is a majority [of MPs] in favour of a nationalisation bill,” he told EURACTIV France.
Unanimous backing also comes from industrialists in his constituency, he added.
EU competition law will not force French state to divide nationalised EDF
The French government recently unveiled its emergency plan for the energy company EDF which some say is the first step towards the division of the group’s activities, while whether or not this will fall under the remit of EU competition law is the subject of much discussion.
An integrated public energy service
Market regulation of electricity prices, as put forward by the European Commission since 1996, is something that is no longer viable given the circumstances, according to Brun, who also questioned the relevance of an EU energy market amid increasing prices.
Communist Senator Céline Brulin also said she was in favour of France having an integrated public energy service.
“The situation [high electricity prices] shows the limits of price liberalism,” she told EURACTIV France.
“Even the most fervent liberals recognise this,” she acknowledged, referring to Senators in the majority from the more traditionally liberal-conservative party Les Républicains (LR).
This was indeed acknowledged by Olivier Marleix, the president of the LR group in the National Assembly.
“It is not forbidden to reflect on