Goal : limit the increase in the French electricity bill to 4% in 2022.
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The government wants to keep its promise to limit the rise in the French electricity bill to 4% in 2022. The State will ask EDF to sell more electricity at low prices to its competitors, in a context of soaring course, announced the Minister of the Economy, Bruno Le Maire, in an interview published on the website of the Parisian, Thursday, January 13. Estimated cost for EDF: between 7.7 billion and 8.4 billion euros, according to the minister.
The government, which had already reduced the main tax on electricity to the maximum, will “implement an additional measure by increasing by 20 terawatt hours (TWh) the volume of nuclear electricity sold at a reduced price by EDF to its competitors, to increase it exceptionally from 100 to 120 TWh”, said the minister.
At what price will the public company be able to sell this electricity to its competitors? “With Barbara Pompili, the Minister for Ecological Transition, we had long negotiations with EDF (…) we therefore proposed to them to raise this sale price from 42 to 46.20 euros/MWh, which makes it possible to reduce the bill for EDF“, detailed Bruno Le Maire.