Energy savings: France is considering an over-the-counter energy market for businesses


They could resell among themselves what they have not consumed on the model of rights to emit CO2 in Europe, said Monday the Minister of Industry Roland Lescure.

The government is considering the possibility of establishing an over-the-counter energy market between companies, which could resell to each other what they have not consumed on the model of CO2 emission rights in Europe, has indicated Monday the Minister of Industry Roland Lescure. “We are looking to see if we can take inspiration from systems that already exist for what are called ETS, that is to say the rights to emit CO2said Roland Lescure on BFM Business on Monday.

The European carbon market aimed at reducing CO2 emissions, also called an emissions trading system or a tradable emissions system (Emissions Trading Schemes, ETS), provides for manufacturers to receive or buy emissions that they can exchange with each other. This system could be appliedindustrialists who are used to using this type of instrument” in order to “limit gas consumption“, said Roland Lescure, emphasizing nevertheless to be only at the “exploratory level” on the subject.

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Put in place instruments to “reduce consumption”

We give ourselves a few weeks to explore all the instruments availablein order to bring down the consumption of gas and electricity in the country, he said. “In September and early October, we are going to put in place instruments that will make it possible to reduce consumption in a slightly more restrictive way if we have to succeed.he also warned. “In the meantime, we hope that we will do most of the effort alone, on our owndeclared the Minister, specifying that he believed in the “individual accountability» and to the «general mobilizationto save energy while avoidingshut down factories“.

Citing the example of furnaces in the glass industry, where “the gas supply cannot be shut off», he wished that the tertiary sector «do his joband lower temperatures everywhere to 19 degrees to save energy. France has set itself the goal of reducing its energy consumption by 10% in two years. “If we applied the law today (on temperature limits in offices and administration for example, NDR), we would save 14 TWh of gas“, that is “almost what you want to do“, noted the minister.


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