Energy: the European market is efficient, claims the boss of Engie

Energy: the European market is efficient, claims the boss of Engie
Energy: the European market is efficient, claims the boss of Engie

The European energy market is a “chance” Who “demonstrated its effectiveness during the energy crisis of 2022 and 2023”said this Saturday the general director of the French energy company Engie, a few days after the announcement by the National Rally of its desire to renegotiate the rules. “Without a European electricity market, we would expose ourselves to even more volatile prices, or even the risk of blackout”writes Catherine MacGregor in La Tribune.

The system “relies on a network of interconnected infrastructures” And “allows European countries to take advantage of the complementarity of the production systems of different countries: solar energy in the south, wind energy in the north, hydraulic, gas and nuclear for the countries which have made the choice…”, she explains. The president of the National Rally Jordan Bardella indicated this week in Le Parisien that he wanted to engage “immediately” negotiations with Brussels to waive European electricity pricing rules, which he believes would “reduce bills by 30%”.

Renewable energies, “150,000 jobs in France”

“Putting back energy barriers within Europe would increase the risks of supply problems and price increases”estimates the general director of Engie, emphasizing that the European market “ensured the supply of electricity to France when it no longer had sufficient production” in 2022 and 2023. Catherine MacGregor also defends renewable energies. “They already represent more than 150,000 jobs in France. Their development has made it possible for twenty years to avoid the import of 910 million barrels of oil and to reduce the French energy bill by 40 billion euros”she writes.

Thanks to the progress made over the last ten years, “they are less expensive, more profitable and their coupling with battery networks will compensate for their intermittency”, says the manager. On this subject, Marine Le Pen declared at the beginning of June on BFMTV that she wanted “stop renewable energies because it’s not clean, and what’s more it’s alternative”and disassemble “a certain number” wind turbines.

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