Energy / Environment

Electricity market reform: the French Energy Regulatory Commission (Commission de régulation de l’énergie – CRE) and the Autorité de la concurrence publish their letter to the French government

Electricity

The French Energy Regulatory Commission (Commission de régulation de l’énergie – CRE) and the Autorité de la concurrence publish their letter to the French government containing proposals to ensure fair competition in the implementation of the electricity market reform

The two independent authorities welcome the French government’s objective of creating an efficient French electricity market that protects consumers in the event of a sharp rise in wholesale prices. They want to ensure that the conditions of the electricity market reform create a level playing field between EDF and its competitors from the outset, in order to maximise the impact for consumers. On 20 December 2023, they sent a letter to the French government containing proposals to guarantee the proper functioning of the electricity market for companies and households. The draft law on energy sovereignty currently under consultation contains some of these proposals, although the supply conditions for EDF and its competitors, on the one hand, and the long-term allocation contracts for its nuclear production (CAPN), on the other, could raise competition risks depending on the implementation methods chosen.

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