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I don't disagree, in fact I think that this is a natural consequence of free market pricing, but my point was that the OP says that in France the profits made f
by fancyfredbot 4y ago
I don't disagree, in fact I think that this is a natural consequence of free market pricing, but my point was that the OP says that in France the profits made from the high energy prices are flowing to the state entity and that this should solve the problem of high prices, but it doesn't seem to be doing that.
- vladvasiliu 4y agoThe thing in France is that the "state entity" (EDF) doesn't handle everything. It's not even fully "state" anymore. There has been a "liberalization" of the energy market for the end clients, and some have opted for "market pricing" from third-party companies. They're likely feeling the burn. In my case, my electric bill hasn't moved (my usage is fairly constant). I opted for the "state entity" and for the "regulated price". It's not entirely clear what will happen next year, though. Although there's talk about renationalizing the state entity, which would, probably, allow more lee-way to the state to control the prices. There's also talk about hurrying up the service of the stopped nuclear reactors. That could also help lower demand for gas, at least from the gas power stations that have to fill in the baseline, which should lower gas prices, hence electricity prices (via the peg). I'm unable to estimate the proportion of gas that has to fill in for nuclear compared to other uses. I admit I'm not very well versed in all this, so I may be missing something.